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Swiss Franc
Commentary
provided by GCI Financial Ltd: The Swiss franc depreciated vis-ŕ-vis the U.S. dollar today as the greenback tested offers around the CHF 1.0250 level and was supported around the CHF 1.0110 level. Technically, today’s intraday high was right around the 38.2% retracement of the move from CHF 0.9645 to CHF 1.0625. Data released in Switzerland today saw June consumer prices rise 0.2% m/m and 2.9% y/y, below economists’...continued |
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source: DTN Market Access
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part
1...forecasts for a 3.1% increase. U.S. dollar bids are cited around the CHF 1.0020 level. The euro and British pound gained ground vis-ŕ-vis the Swiss franc as the crosses tested offers around the CHF 1.6135 and CHF 2.0320 levels, respectively. SUPPORT RESISTANCE L1. 1.0135 1.0565 L2. 0.9990 1.0730 L3. 0.9875 1.1040
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