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Forex: Trader Talk

Posted by Joseph Trevisani on Apr 23, 2013 11:33:00 AM

Traders are hearing rumors that the Swiss National Bank (SNB) will move the floor to Eur/Chf floor to1.2500.

A BOJ think tank report out is pushing UsdJjpy higher-- With the JGB (Japanese Government Bond)  market now under control, the Bank of Japan will renew its commitment to achieving 2% inflation in about two years as it unveils new economic and price forecasts at Friday's monetary policy meeting. The forecast period may be extended to include FY2015.

 

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