U.S. Dollar Top Performer, Again; Is the SNB About to Intervene in EUR/CHF?

As liquidity conditions remains tight and interbank funding issues persist, the U.S. Dollar has found considerable strength against its major counterparts, including the Japanese Yen and Swiss Franc. In regards to the latter, considerable weakness was observed ahead of the North American session – is the Swiss National Bank about to raise the EUR/CHF floor above 1.2000?

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