Swiss Franc bounces with a vengeance

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Surprise Surprise!!! Swiss National Bank gives up on the EURCHF floor of 1.2 Cuts sight deposit rates or 3-month LIBOR to -0.75% Swiss Franc rallies across the board European equities trade in the Red Dollar Index declining on the news Gold futures relatively stable In what seems like a major decision that caught the markets off guard, the Swiss National Bank today announced that ...

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