DislikedHi everyone,
Could someone explain, why usdchf grew, while in almost all other usd pairs usd fell?
Was it some sort of intervention?Ignored
It might have been intervention, or it could have been institutional profit taking due to rumours of intervention, from the recent huge downtrend . Looking at the big picture ie monthly the move today is but a blip and a lot more would be needed to make any significant difference to the swiss franc.
pipfarm
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