Forex: Swiss franc charging strong

By mirkat - Posted on September 3rd, 2011

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Friday was a strong day for the Swiss Franc (CHF) on the forex markets. It surged against the US dollar as well as the euro after very, very weak US non-farm unemployment change numbers came out. 0K instead of the expected 73K. USD/CHF plummeted to 0.7710 before jumping and consolidating around 0.7900. EUR/CHF spiked all the way down to 1.1001 and later recovered to 1.1216.

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