Usd/chf - 1.1240... The pair rebounded to as high as 1.1274 fm 1.1158 in New York morning session after a Switzerland central bank official said a massive recession warrants more rather than less monetary stimulus. Bids (st specs and for profit taking purpose) are seen at 1.1290/00 n are building up fm 1.1250 down to 1.1220 with stops placed at 1.1200 n further out at 1.1150/55. On the upside, some offers are noted at 1.1280/90 n 1.1320/30 but selling interest fm U.S. brokerage houses n European names are reported fm 1.1350 up to 1.1400.
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