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Swiss Government: Swiss Franc is still highly valued

Swiss Government came out with the following comments after the meeting with the Swiss National Bank (SNB) head Jordan.

Swiss Franc is still highly valued.

SNB chair Jordan said negative rates and fx interventions still appropriate.

Imbalances in real estate and mortgage market remain.

USD/CHF remains unfazed on the above headlines, meandering near 3-week lows of 0.9855, down -0.36% on the day.

US: Retail sales to slow after hurricane surge – Westpac

According to analysts at Westpac, US retail sales received a large boost from restocking in the month of September in the aftermath of Hurricanes Harv
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GBP/USD digesting UK jobs data-led volatile swings, focus shifts to US macro data

   •  UK jobs report fails to provide any meaningful bullish impetus.     •  Broad-based USD slump extends some support.    •  US CPI/monthly retail
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