Archived IMT (2009.03.12)
Swiss National Bank intervenes by selling francs against USD, EUR as it sees rising risks of negative inflation over next three years as well as GDP contraction of 2.5% to 3.0% . CHF is damaged across the board. AUDCHF shatters 77 adding more profits to the AUDCHF Hot-Chart after hitting the 76.25 target. Today's HotChart shows signs of a peak in the US Dollar Index as it fails to break its 7-year trend line.
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