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US Dollar Strength Fuels Gains in USD/CHF Amid Anticipation of Higher PCE Inflation

Guavy AI Editorial Team
Instruments
USD CHF
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The US Dollar's strength continued as traders focused on upcoming US PCE inflation data, which serves as the Federal Reserve's main inflation measure.

Markets expect higher PCE readings to support prolonged restrictive monetary policy and add demand for the US Dollar.

USD/CHF trades with a strong bullish technical structure and is expected to consolidate within Fr.0.8017 to Fr.0.8097 over the next 2 to 3 days.

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