Review The US: Non-Farm-Payroll offered a positive surprise. Nonfarm payrolls came out at 175,000 while 163,000 had been expected. Immediately the equity market and USD increased. US interest rates rose a tad, which leads us to believe that USD offers further potential from the current level. CHF: The SNB’s currency reserves came out at the highest level ever. It is, however, important to bear in mind that this was caused by the technical valuation of the currency reserves and not because the
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Sell EURSEK and EURUSD
