Partly reflecting a spike in the output of motor vehicles and parts, the Federal Reserve released a report on Friday showing U.S. industrial production increased by much more than expected in the month of March.
After reporting an unexpected contraction in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Friday showing a substantial rebound in activity in the month of April.
Also moves away from 50% midpoint of the August trading range
The CHF is one of the strongest of the major currencies today on flight to safety flows, and the USDCHF is part of that strength.
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