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Over the next couple of sessions, there won’t be much to move the market as there will be a serious lack of volume, and of course, everybody will be waiting on the jobs number coming out of America.dollar has fallen again during the trading session on Thursday, as it looks like we are hell-bent on testing serious support underneath.
Over the next couple of sessions, there won’t be much to move the market as there will be a serious lack of volume, and of course, everybody will be waiting on the jobs number coming out of America.is going to remain tight, and whether the Swiss have finally started to change their overall interest rate decision-making process.Now that the Swiss franc pays a little bit of interest, there are people out there that think that the Swiss National Bank will continue to tighten monetary policy.
We informed a couple of hammers on the weekly chart back-to-back, but now it looks like we’re going to test the bottom of them again. The dollar needs to turn it around rather soon, or the Swiss franc could find itself being a favorite. As this pair continues to fall, you may get more leverage shorting other pairs that involve the CHF as the quote currency. On the other hand, if we turn around rally could be a good sign for the US dollar in general.
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Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »