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November 29, 2024

USDCHF Slips Below 0.8800 as Swiss GDP Figures Loom

The USD/CHF currency pair is drifting lower, hovering near the key 0.8800 level ahead of anticipated Swiss GDP data. Market participants are preparing for the release of this next economic indicator, which could significantly influence the currency pair’s direction. Investors should remain alert as the market sentiment may quickly shift in response to new economic information. A better-than-expected GDP report could bolster the Swiss franc, while disappointing results might weaken it further against the US dollar.

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