Morning EUR/CHF news updates

Prepared by: FX Solutions, LLC Saddle River Executive Centre, One Route 17 South, Suite 260, Saddle River, NJ 07458

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EURO-SWISS: Slipped to a Chf1.5125 low in the NY session Wednesday

lowest levels in nearly two-months with some stops hit on the break of

the 200-day moving average though the move lacked follow-through with

the market still sensitive to the persistent SNB intervention threat.

Trade on the day has so far been contained between Chf1.5129/49.

Speculation now that the SNB support level would be at Chf1.5110/00 in

line with the July lows though the 200-day still holds on a closing

basis coming in at Chf1.5128 today. Some chatter also in the market

that the surprisingly strong Swiss Q2 GDP data this week may allow the

SNB to adopt a more relaxed policy for the franc.

9/3/2009 2:46:32 AM

07:40 EUR/CHF: Swiss Name Buying, No Sign Of Official Interest - Yet London, September 3. Swiss name buying of EUR/CHF has reportedly helped the closely watched cross to the recent 1.5156 highs. However, all are still watching for signals of official interest. To date there has been no sign of such intervention linked flows but this will do little to stem the torrent of speculation on this topic. Matthew.Foster-Smith@ThomsonReuters.Com /PS