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USD/CHF: stage set for a big move as Fed meeting looms

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Risk assets have surged higher over the past 1.5 days and today the dollar has joined the fun, rising against most major currencies including the Swiss franc. Traders had evidently reduced their long dollar bets ahead of the Federal Reserve’s much-anticipated policy meeting which concludes tomorrow. But it seems like they have now re-established some of those positions. The market is clearly anticipating a rate increase from the Fed. If seen, the US dollar could at the very least show a

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