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EUR/CHF Shows Below 1.05 For First Time Since 2015

CHF
  • Bloomberg shows EUR/CHF prices showing through the 1.05 handle, with 1.0498 the quoted low. This marks the lowest level for the cross since 2015, but the slippage is swiftly reversed, which will continue to raise speculation that the SNB could be attempting to decelerate any decline.
  • Any further show below the handle opens losses toward 1.0413, the 24th July 2015 low ahead of 1.0358.

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