Wednesday, May 11, 2011

UBS recommends buying the dollar / franc

Dollar / franc continues to demand dips after yesterday's report on consumer price inflation in Switzerland, and the breakthrough at the feet above Chf0.8830 can be a catalyst for further restoration of the original to Chf0.8850 and Chf0.8880. On the potential of such talk and strategists UBS. The bank report that took a long position in a pair of near Chf0.8797 with a stop at Chf0.8700 and purpose in the district Chf0.9060.

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