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Swiss Franc Rises Against Most Majors

The Swiss franc rose against most major opponents in European deals on Tuesday.

The franc hit a 4-day high of 0.9352 against the greenback, compared to yesterday's closing quote of 0.9397.

Reversing from early multi-day lows of 1.2080 against the euro and 115.30 against the yen, the franc recovered to 1.2066 and 115.97,respectively.

The next possible resistance for the franc lies around 0.93 against the greenback, 1.20 against the euro and 117.00 against the yen.

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Inflation data from the U.S. garnered maximum attention this week on the economics front, along with the interest rate decision by the European Central Bank. Read our stories to find out how these two key events are set to influence monetary policy in the months ahead. Other main news from the U.S. were the release of the minutes of the latest Fed policy session and the jobless claims data. Elsewhere, the interest rate decision by the Bank of Canada was also in focus.

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