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USD/CHF · USDCHFBearish
USD/CHF drops to 0.8029 after weak US payrolls report
In the past 24 hours, USD/CHF declined to 0.8029, the lowest level since June 18, following a weaker-than-expected US Nonfarm Payrolls report. The economy added only 57,000 jobs in June, significantly below the anticipated 110,000, leading to a sell-off in the US Dollar and a shift in Federal Reserve rate hike expectations.
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