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November 28, 2024

USD/CHF Rebounds to 0.8850, Tracking Dollar’s Recovery on Light Trading Volume

The USD/CHF pair recovers, bouncing back to near 0.8850 in European trading today. This rebound comes after a sharp decline the previous day. The increase is fueled by a recovery in the US dollar, which bounced back in light trading conditions due to the Thanksgiving holiday in the US. Observers are interested to see if this trend can gain traction. Will USD/CHF maintain its recovery momentum?

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