USD/CHF Consolidates Below 0.8850 as Investors Await Fed Decisions
The USD/CHF currency pair is currently consolidating in a narrow range below 0.8850 during the European trading hours. Investors are closely monitoring developments regarding potential interest rate cuts from the Federal Reserve in December. This pause could impact the currency pair’s movement. The present stability invites traders to strategize around upcoming economic indicators. Stay alert for further signals from the Fed to determine the future direction of USD/CHF.
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