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Swiss Franc Declines Prior to SNB Gathering

Swiss Franc (CHF) is witnessing a decline on Wednesday across its most heavily traded pairs, ahead of the week’s pivotal event for the currency: the Swiss National Bank (SNB) policy meeting scheduled for Thursday. This downturn may stem from traders’ apprehensions regarding the heightened risk of SNB altering its messaging or even reducing interest rates […]

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U.S. Dollar Gains Ground as Inflation Surges

The U.S. dollar embarked on a vigorous ascent on Friday, buoyed by a surprising surge in inflation data, which has ignited expectations of the Federal Reserve keeping interest rates at higher levels for an extended duration. The dollar index, measuring the greenback against six major currencies, notched a 0.15% gain, pushing it to 106.73. This […]

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