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Posted by
Two Blokes Tue at 10:45 PM -
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Forex
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The Swiss Franc (CHF) weakened against the US Dollar (USD) on Tuesday, as traders favored the Greenback following the release of US inflation data. The Consumer Price Index (CPI) figures reignited bets that the Federal Reserve may delay its first interest rate cut, boosting US Treasury yields and driving broad-based demand for the US Dollar, with USD/CHF climbing above the 0.8000 mark for the first time since late June.
