The post-US CPI USD selling, along with the cautious market mood exerted some pressure.USD/CHF
The pair extended this week's sharp retracement slide from the 0.9275-80 region, or a multi-week high and witnessed some follow-through selling for the third successive day on Thursday. The US dollar extended its post-US CPI downfall and was seen as a key factor dragging the USD/CHF pair lower.Chair Jerome Powell's less hawkish comments, the USD witnessed a typical “sell the fact” kind of trade despite strong US consumer inflation figures.
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