S&P 500 Index to resume the uptrend towards the 3588 high – Credit Suisse

S&P 500 has confirmed its flagged “head & shoulders” base above the mid-September highs and 61.8% retracement of the fall from September at 3429/44 an
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USD/CHF drops to fresh 20-day lows, closes in on 0.9100

After spending the Asian session in a very tight range near 0.9170 on Friday, the USD/CHF pair lost its traction and slumped to a 20-day low of 0.9122
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