By FX Empire.com
The EUR/CHF pair continues to be “dead money” as the Swiss are willing to step in if the pair drops below the 1.20 mark. Monday saw the pair barely budge, and more of the same should be expected, unless the EU finds a solid solution to the various sovereign debt issues in the area. Until then, this pair won’t fall – but it certainly won’t rise either. We are presently ignoring this pair.
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