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Forex: Alarm bells in the SNB amid Franc fortitudeFXstreet.comFXstreet.com (Barcelona) – The retest of 1.2030 in EUR/CHF has finally materialized, as speculators kept pushing the pair into lower ground for a sixth consecutive day on Wednesday. A worrisome descending channels since the last retest of 1.2100, …and more »

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webmaster@technorati.com wrote an interesting post today on
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Trading Point

Forex: Retail FX traders long Euro vs the Swissy hit record high – DailyFXNASDAQYet in practice it is difficult to believe they would come to the rescue of such a broad swath of forex speculators. Ultimately the SNB credibility is on the line, and a major EUR/CHF break below the SFr 1.20 could dramatically change traders' …Forex Market Review – Euro falls after poor US data dampens sentiment Trading PointForex – EUR/CHF, EUR/USD Flows: EUR/CHF hit 4-m lows; testing SNB bids; 1.2000 … FXMarketAlerts.comEuro/Swiss Franc Positions at Record; Traders Bet on SNB Intervention DailyFX ForexLive (blog)all 61 news articles »

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Japan Fin Min Azumi: To Take Decisive Forex Steps If NeededWall Street JournalTOKYO (Dow Jones)–Japan's finance minister issued a fresh warning Tuesday that he will take "decisive steps" if speculators push the yen up too sharply, after the Japanese currency rose to its strongest level in around three months overnight.and more »

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News Sources wrote an interesting post today on
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Business Recorder

FOREX-Yen jumps most in a month as hedge funds pile inReuters* USD/JPY dips early on exporter selling * Extends losses as speculators target stops at 77.20, 77.00 * Euro among best performers this week, up 1.7 pct vs USD * Aussie, NZD near 3-month peaks after USD post-Fed dip By Antoni Slodkowski TOKYO, …FOREX-Yen inches up on month-end exporter buying Reuters UKall 8 news articles »

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News Sources wrote an interesting post today on
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* USD/JPY dips early on exporter selling * Extends losses as speculators target stops at 77.20, 77.00 * Euro among best performers this week, up 1.7 pct vs USD * Aussie, NZD near 3-month peaks after USD …

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