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USD/CHF Price Consolidating Around 0.9650 Ahead of Powell’s Testimony

Investors are sitting on their hands as they wait for Powell’s testimony. Economists believe a 75bps hike by the Fed in the July meeting is possible. Price is experiencing resistance from the 0.9700 level. The USD/CHF price is caught in a sideways move this morning as investors await Fed Chair Jerome Powell’s testimony which could … Continued
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