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Tuesday, February 06, 2007
USD/CHF: Stalling In 1.2550's Continues
The bout of stalling witnessed in USD/CHF is continuing into North American trading. Spot continues to find its advances rebuffed by offers in the 1.2450's with bears said to be eyeing a drop towards 1.2425/30 before the move lower encounters bidsinto the 1.2400 mark.
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