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USDCHF Technical Analysis

The US data continued to surprise to the upside since the last FOMC meeting and that lead the market to price in a more hawkish path for interest rates as the Fed members and especially Fed Chair Powell reiterated that they expect two or more rate hikes this year if the economy remains strong. A lot will depend of course on the next NFP and CPI reports, but as long as the data shows strength, the Fed should remain hawkish, and the USD should appreciate. Conversely, the SNB raised interest rates... Read More

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Usdchf

Technical

Analysis

Forex

Posted: Jul 5 2023, 08:09

Author Name: forexlive

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