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USD/CHF: Bulls remain in control…for now

Markets are a bit more stable across the board today as traders navigate another essentially economic data-free day. The fundamental tranquility will likely be rudely interrupted later this week – Key upcoming reports include Chinese trade balance figures tonight, AU employment tomorrow night, the BOE’s Super Thursday festivities, and US Retail Sales / PPI / Consumer data on Friday – but technical concerns and market sentiment should be the primary driver of trade in today’s US session.

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