Swiss franc stays

Posted by 7Star Tuesday, March 2, 2010

The Swiss franc stayed within sight of possible central bank intervention levels on Monday ahead of key Swiss economic data, set to highlight a robust recovery. "The compression in yield spreads and Switzerland's high current account surplus remain bullish factors for the franc, but the threat of FX intervention by the Swiss National Bank has kept euro-franc above 1.46 so far," the analysts said.

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