USD/CHF falls below 0.9700 level

The USD/CHF recovery was stonewalled at the 0.9715 level Wednesday, subsequently turning downwards and plunging over 20 pips to breach the 0.9700 barrier during US trading.
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EUR/USD extends gains after US data

The EUR/USD pushed to fresh daily highs at the beginning of the New York session, as the greenback weakened after disappointing US wholesales inventories.
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