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19 Nov 2014
EUR/CHF spikes to 1.2025 and retreats
FXStreet (Córdoba) - EUR/CHF climbed quickly from 1.2011 to 1.2025, reaching the strongest level since November 12 but pulled back as fast as it rose and currently is trading at 1.2010.
EUR/CHF moves with poll
Recently gfs.bern in partnership with SRG release a poll regarding the Swiss gold initiative and the “no” was leading with 47% while the “yes” was at 38%. EUR/CHF climbed after the report but retreated, while gold plunged from $1,195/oz to $1,175/oz; but also bounced and it was back above $1,190 ahead of the FOMC minutes. The referendum will be held November 30.
EUR/CHF remains near the 1.2000 floor unable to move of that level; trading in a small range, but reaching fresh lows constantly attracting traders and SNB attention.
EUR/CHF moves with poll
Recently gfs.bern in partnership with SRG release a poll regarding the Swiss gold initiative and the “no” was leading with 47% while the “yes” was at 38%. EUR/CHF climbed after the report but retreated, while gold plunged from $1,195/oz to $1,175/oz; but also bounced and it was back above $1,190 ahead of the FOMC minutes. The referendum will be held November 30.
EUR/CHF remains near the 1.2000 floor unable to move of that level; trading in a small range, but reaching fresh lows constantly attracting traders and SNB attention.