Monday , 18 November 2024
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USD/CHF: Bullish but overbought – OCBC

The Swiss Franc (CHF) weakening this episode (QTD) comes alongside the decline also seen in other major FX, though the magnitude of CHF depreciation was slightly lesser (- 4.7% vs USD) compared to JPY, EUR, GBP, AUD (down over 5-8% vs USD).

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