Currencies  |  January 29, 2013 07:03:02

Currency pair EUR / CHF to hold S / R levels 1240

After a sharp increase in the first pair of mid-January, the course holds strong at S / R 1240 levels. Euro had managed to break through this level and get a few pips to the good, but it will not be the final profit.

After the favorable and optimistic reports that make the euro strengthened against the Swiss franc, are emerging reports pessimistic. There is talk of currency war, especially after the Japanese release, which means for other countries trading with Japan losses. This is why no country in rushing tightening. If the European Central Bank decides that the strong euro is not in its extension and in the European interest can again pour capital into Switzerland and other countries outside the reach of the ECB.
In European macroeconomic data to the end of the week will be dominated by the German factor, which may be positive for the euro, when will remain a condition where they come from Germany just the best news. From Switzerland will be posted tomorrow two indicators related to consumption.

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Měnový pár EUR/CHF se drží S/R úrovně 1,240

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