Next weeks idea

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USD/CHF trades sideways around 0.8820 even though the US Dollar trades strongly.
Fed Williams believes that the current moderate restrictive policy stance is appropriate.
The SNB cut its interest rates by 25 bps to 0.25% on Thursday.
The USD/CHF pair flattens around 0.8820 during North American trading hours on Friday. The Swiss Franc pair trades sideways even though the US Dollar (USD) exhibits strength amid expectations that the Federal Reserve (Fed) will not cut its key borrowing rates in the near term.

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