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Posted by
Two Blokes May 1 -
Filed in
Forex
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3 views
The USD/CHF is trading with gains, extending its recovery into the upper 0.8900s after a busy Thursday filled with US economic data and renewed Fed rate cut speculation. Although the ISM Manufacturing PMI and jobless claims reports pointed to continued labor market fragility and sector contraction, the greenback held firm, supported by a stable US Dollar Index and risk-sensitive flows ahead of Friday's nonfarm payrolls report.
