USD/CHF stays defensive below 0.9700 with eyes on Fed’s Powell By anilpanchal7 USDCHF RiskAppetite Fed Recession Currencies
weakness and cautious optimism in the market ahead of the key events.
In addition to the US holiday, a light calendar and traders’ indecision over the market’s next moves, despite holding fears of faster monetary policy tightening and economic slowdown, also exerted downside pressure on the USD/CHF prices.
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