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USD/CHF Forecast: Ranging Above 0.93 Despite Hot US CPI, Yields Drop

Worries about US CPI volatility triggered a mild sell-off in the USD/CHF near 0.9330. Since investors ignored higher US inflation, the US Treasury yield fell from 2.83%. Forecasts will be influenced by retail sales data from the US this week. The USD/CHF forecast is neutral as the pair consolidates despite the hawkish Fed’s stance and … Continued
The post USD/CHF Forecast: Ranging Above 0.93 Despite Hot US CPI, Yields Drop appeared first on Forex Crunch.

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