Saturday, 5 January 2013

USD/CHF Risk To 0.93 -Barclays

Barclays sees USD/CHF risk to 0.93 after it closed above 0.9140 Wednesday, invalidating Barclay's prior bearish outlook. With the spot now at a fresh 3-week high of 0.9231, the bank says 0.9240 and 0.93 may be seen before renewed selling interest appears, while a bid tone would hold on closes for the day above 0.9175.

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