USD/CHF rises toward 0.8900 after rebounding from four-month lows

USD/CHF gains ground for the second successive day, trading around 0.8880 during the European session on Friday.
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ECB’s Šimkus: I agree with markets which sees two more rate cuts this year

European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday “I agree with markets which see two more rate cuts this year.” “Interest rates will keep getting lower, and quite significantly,” he added.
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