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SNB forex reserves end-May CHF 602.06bln vs CHF 587.88bln prev

Swiss National Bank end-May forex reserves report 7 June 2016

Increased reserves suggests/confirms on-going intervention to weaken CHF.

USDCHF 0.9697 on session lows as EURUSD posts session highs of 1.1370. EURCHF finding demand into 1.1000.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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