By FX Empire.com
The EUR/CHF pair continues to sit fairly still, but drift lower as the Euro becomes less and less trusted. The Swiss have vowed to put in a “floor” in this pair at 1.20 or so, and as such, the pair simply doesn’t move much to the downside these days. Also, it shows just how unloved the Euro really is as it can’t even gain on an openly manipulated currency. The pair isn’t very tradable, at least until the Europeans get it together – which looks like a long time from now at this rate.
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