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January 6, 2025

USD CHF Stabilizes Below 0.9100 Amid Retail Sales Data

The USD CHF pair has steadied after reporting losses in the previous session. Currently trading around 0.9100 during the Asian hours, the currency pair showed limited movement following the release of the Real Retail Sales in Switzerland. The reported year-over-year increase of 0.8% in November fell short of the expected 1.2% rise and the previous reading of 1.5%. This potentially undermines the bullish outlook for USD CHF. As traders process this data, it will be essential to monitor how it influences future currency movements. Awareness of market sentiments can lead to more informed trading decisions in this environment.

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