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As evidenced by the USD/CHF chart, yesterday one US dollar was worth 0.913 Swiss francs, but today it is already 0.903, indicating a rate drop of approximately 1%. According to MT Newswires, the franc’s strengthening is attributed to statements by Swiss National Bank (SNB) President Thomas Jordan. In his view, an overly weak franc is […]

The post USD/CHF Rate Falls Over 1% After SNB Chief’s Statements appeared first on Action Forex.

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15/02/2024

Empire State Manufacturing Index – EURUSD Technical Analysis Overview

The markets await the Empire State Manufacturing Index this morning; the index is based on surveying a monthly sample of the State’s manufacturing executives and is handled by the Federal Reserve Bank of New York. The index is considered a leading indicator; a reading above zero reflects expansion, and below zero reflects contraction. Last Month, […]
18/07/2024

GBPJPY Wave Analysis

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