Swiss franc and the yen are experiencing difficulties at the beginning of the month against the dollar, which is generally weaker against these two quiet marinas. In the pair USD / CHF move above parity for some time steadily, but he lacks confidence, as it happened in the past two trading sessions. More interesting pair EUR / CHF, where the movement yesterday below 1.30 should have been a short-term against the backdrop of the benefits for the euro on expectations of more aggressive (all relative) the action by the ECB in the near future, particularly with respect to the purchase of debt obligations. While the "risky" phase may be to the spirit of the SNB in the context of the impact on the Swiss, December has always been characteristic of the month for the reductions at the end of the year, so that the motion earlier this month does not necessarily last for the whole of December.
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