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COT 04/20
Monday, 20 April 2009 20:34:44 GMT  |  Jamie Saettele, Senior Currency Strategist
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CHF:  The 13 week index recently increased significantly and got as high as 83.

042009_cot_9

Such frantic CHF buying by speculators and selling by commercials is bearish for the CHF (bullish USDCHF).

Implications: bearish (bullish USDCHF)

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