FX Watch: USD/CHF and GBP/USD Setups if the Fed Delivers Another Hawkish Cut

FX Watch: USD/CHF and GBP/USD Setups in Case NFP Supports Hawkish Fed


Can a strong NFP print be enough to revive hawkish Fed expectations and dollar demand?

Leading indicators are looking mixed, though the manufacturing sector appears to have seen a strong rebound in hiring for January.

Here’s what I’m watching on USD/CHF and GBP/USD in this scenario.

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