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Yen Rebounds on Intervention, Swiss Franc Tumbled after SNB

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Extreme volatility was seen in the markets in the past 24 hours. Yen rebounds broadly today after Japan confirmed that “decisive” currency intervention was made. That came after BoJ stood pat and pledged to keep rate at low level. Swiss Franc was sold off sharply after SNB hiked 75bps, but hinted at the possibility of […]
The post Yen Rebounds on Intervention, Swiss Franc Tumbled after SNB appeared first on Action Forex.

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