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USD/CHF holds off a test of its January 2021 lows for now

The sentiment in the Swiss franc very much mimics the euro at this stage, with both the ECB and SNB arguably the two more hawkish major central banks. That sense of policy divergence and the fact that the SNB has managed to weather the Credit Suisse crisis rather modestly, or so it would seem, has definitely helped the currency.A languishing dollar and key breaks below technical support levels recently are also two more factors weighing on USD/CHF, especially the recent drop back under the 0.900... Read More

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Usd

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2021

Lows

Usd chf

Forex

Posted: May 4 2023, 07:48

Author Name: forexlive

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