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Swiss Franc has potential for good short term trading opportunities: RBS Coutts

The Swiss National Bank (SNB) signaled its determination to cap the Swiss franc at 1.20 per euro, triggering a steep drop in the Swiss currency. The bold action should help Swiss exporters struggling with an extremely uncompetitive currency. However, fighting against the tide of global investors in search of a safe haven could get very costly very quickly for the…

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