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The cross is now retreating 0.45% at 1.2862 and a violation of 1.2747 (low Apr.4) would expose 1.2679 (61.8% of 1.2042-1.3711) and finally 1.2662 (low Nov.13). On the flip side, the next hurdle is loc

FXstreet.com (Barcelona) - The New York Federal Reserve Bank informed that the Empire State manufacturing index fell to -1.43 in May, missing the median at 4.0 and lower than April’s 3.05

US Producer Price Index ex Food & Energy (YoY) steadies at 1.7% in Apr; 0.1% (MoM)

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Forex: USD/CHF falls to 0.9700 level after US PPI

The USD/CHF has been a pillar of brightness surrounded by a Euro-induced quagmire Wednesday, after the single currency has shown a debilitating weakness intraweek. Indeed, the pair has rocketed higher and breached the 0.9700 level, however following the release of US economic data, the cross is now trading back at this region.
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