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Old 11-08-2009, 08:38 PM
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PipDiddy PipDiddy is offline
Pip Magneto
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Default November 9, 2009

Despite the crazy price swings when the NFP report came out, the USD/CHF ended the Friday somewhat flat as it ended the US session at 1.0175, just 13 pips from its Asian open price.

The unemployment report release last Friday to garner any serious attention from currency traders but it showed that joblessness in the country edged up to 4.0% in October, just as expected, up from 3.9% in September.

No major economic reports due from Switzerland this week but do watch out for this month’s ZEW Economic Expectations survey on Wednesday, at 10:00 am GMT and October’s Producer Price Index on Friday, at 10:15 am GMT.
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