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Posted by
Two Blokes Jul 9 -
Filed in
Forex
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The Pound to Swiss franc (GBP/CHF) exchange rate dipped to 10-week lows below 1.08 last week and after a tentative recovery, is again trading near 1.08. UBS notes on-going UK fiscal vulnerability, but expects solid Pound buying on dips and has a year-end target of 1.13.