FX reserves suggest a possible CHF15bn intervention by SNB – Nomura

Global FX Strategists at Nomura explain that FX intervention speculation might increase if EUR/CHF remains below 1.05, with FX reserves that suggesting a possible CHF 15bn intervention by the SNB in March.
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AUD/USD attempts a bounce to 0.77

AUD/USD extends its upward trajectory in the European session, extending gains for the second straight session, largely on a recovery in iron-ore prices amid broad based US dollar weakness.
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