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USD/CHF bulls gunning for pre-SNB "Black Thursday" levels after CPI

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    After some classic minimal data consolidation in the forex markets last week, traders are eagerly awaiting some top-tier economic reports (and hopefully accompanying volatility) this week. The first of these key reports, the US October Consumer Price Index (CPI), was just released. Consumer prices rose 0.2% m/m in October, as traders and economists had anticipated, while the Core CPI reading, which filters out more volatile energy and food prices, also rose 0.2%. On a year-over-year basis,

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