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We’ve got a busy trading week ahead of us since a couple of major central banks are scheduled to announce policy decisions, plus the U.S. NFP is lined up, too!
With expectations of a lower volatility week, our strategists slowed it down a bit with only two forex discussions, surrounding the Australian CPI release.
CHF was the one currency to rule them all thanks to positive developments from Switzerland & broad risk-off vibes from geopolitical catalysts & shifting sentiment on economic activity ahead.
Market players had a lot to digest including property sector updates in China, geopolitical risks, & the always anticipated U.S. core PCE Price Index update!
Like any necessary activities in forex trading, testing your strategies can provide you with the tools you need to get that extra edge over the markets.
USD/CHF recently tumbled following the release of mid-tier U.S. economic data supporting a Fed rate hike as soon as this year. How low can this pair go before the bulls step in?
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