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Home Forex

FX closing levels for the week: USD/CHF continues to bleed

FX closing levels for the week: USD/CHF continues to bleed
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The Good Friday vacation ensured it could be a quieter day than most this yr nevertheless it wasn’t precisely quiet within the FX market. There have been some respectable strikes on the day on Friday and the overall theme remained USD promoting.

The brunt of it got here through USD/CHF, which dropped one other 35 pips. The pair is in the midst of the weekly vary after hitting a 10-year low final Friday. It is consolidating simply off these lows and the dearth of a bounce is not precisely inspiring.

There are some hopes for progress in some US commerce negotiations over the lengthy weekend so hold an eye fixed out for information.

Later this yr,
ForexLive.com
is evolving into
investingLive.com, a brand new vacation spot for clever market updates and smarter
decision-making for buyers and merchants alike.



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