United States Redbook index (MoM): -2.3% (February 19) vs -2.5%

United States Redbook index (MoM): -2.3% (February 19) vs -2.5%
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USD/CHF: Bears flex muscle after Jordan speech and weak US data

Bears remain in control of the USD/CHF pair after SNB’s Jordan hinted at a less possibility of further rate cuts, while the data in the US showed a drop in the manufacturing activity.
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