USD/CHF FALLS ON WEAKER US MANUFACTURING PMIS, SOFT SWISS INFLATION DATA

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 USD/CHF tumbles 0.17% after hitting a daily high of 0.9196 on softer-than-expected inflation in  Switzerland. Nevertheless, a weaker manufacturing activity report from the US reversed the USD/CHF pair course, as investors estimated the US Federal Reserve (Fed) would pause raising rates. At the time of typing, the USD/CHF is trading at 0.9137.


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