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    This blog consists of contributions from FX EDU staff, executives and people that have a relationship with FX EDU. In spirit of a blog, the posts are conversational and opinionated. However, they are not official FX EDU policy and not double-checked for facts. The authors are providing information that they believe to be true or opinions they hold. To verify information or check official FX EDU policy, please contact FX EDU through the firm's official website, www.fxedu.com.
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    Alert: Switzerland lowers interest rates and CHF tanks hard!!!

    By Sean Hyman | March 12, 2009

    The Swiss franc just tanked hard, bringing up USD/CHF, EUR/CHF and GBP/CHF up an average of 2.0% on the day while bringing down CHF/JPY 2.50% on the day so far.  Wow!  

    Rates got lowered from 0.50% to 0.25%. Click on the comments in the chart below to enlarge it. 

     snb-comments.JPG

    http://www.fxedu.com/practice-forex-account 

    Sean Hyman  


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