Forex News: Swiss Franc Pares Decline, Australian Dollar Tumbles Back Below 200-Day SMA
July 28th, 2010 Posted in Market CommentsThe Swiss Franc pared the previous day’s decline and is the best performing currency against the greenback on Wednesday, while the Australian dollar retraced the advance from earlier this week and slipped back below the 200-Day SMA (0.8963) to a fresh weekly low of 0.8910.
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