FX closing levels for the week: USD/CHF continues to bleed ...Middle East

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The brunt of it came via USD/CHF, which dropped another 35 pips. The pair is in the middle of the weekly range after hitting a 10-year low last Friday. It's consolidating just off those lows and the lack of a bounce isn't exactly inspiring.

There are some hopes for progress in some US trade negotiations over the long weekend so keep an eye out for news.

This article was written by Adam Button at www.forexlive.com.

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