USDCHF bears direct five-day downtrend towards 0.9800 with eyes on US inflation data

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USDCHF bears direct five-day downtrend towards 0.9800 with eyes on US inflation data
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USDCHF bears direct five-day downtrend towards 0.9800 with eyes on US inflation data – by anilpanchal7 USDCHF RiskAppetite Inflation CentralBanks CPI

pair prints a five-day losing streak as it approaches the lowest levels since October 06, marked the previous day.

That said, Minneapolis Federal Reserve President Neel Kashkari recently mentioned “Some things are out of our control on inflation.” Previously, New York Federal Reserve President John Williams mentioned that the relatively stable long-term inflation expectations are good news.

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