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Stabilization in the yuan and some better data from China have been enough to underpin risk sentiment that has been improving since the beginning of the week.
That weighed on the franc, which lost about 50 pips against the dollar overnight. The pair (USD/CHF) is holding above 50 DMA and a cluster of support levels near parity. Previous Week High (1.0125) is the next target.
That weighed on the franc, which lost about 50 pips against the dollar overnight. The pair (USD/CHF) is holding above 50 DMA and a cluster of support levels near parity. Previous Week High (1.0125) is the next target.
