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Reaction details (11:30)
- In recent trade EUR/CHF has edged higher, printing a fresh high at 1.2169; trades 1.2167 last (+36 pips).
Analysis details (11:31)
- Yesterday it was reported that Credit Suisse's negative rates are said to be set up at up to -1.00%, and are to apply rates on financial-client deposits.
- There is also talk that UBS has sent its U.S. clients to Swiss Bank Pictet.
05 Dec 2012 - 11:27 - Equities Economic Commentary - Source: RANsquawk
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