China September New Loans rises to ¥787B vs ¥711.3B (August)

EUR/CHF above 61.8% Fibonacci area (1.2338) after solid Swiss data

The EUR/CHF has been trading constantly higher since the kick off of the Asian trading day –despite the continuing US fiscal issue “jitters”– and after the solid data released earlier regarding the Switzerland economy the cross moved further higher.
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China September M2 Money Supply (YoY) down to 14.2% vs 14.7% (August)

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