Monday, December 1, 2014

Swiss Say No To Gold, FX Focus On PMIs

The gold plunged to $1,142.91 per ounce and steadied at about $1,150/52 at week open as Swiss voters rejected the Gold referendum on November 30th. EUR/CHF took a breather. Slightly higher this Monday, the upside in EUR/CHF remains limited on fears that the ECB may proceed with additional stimulus, QE,



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