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The usdchf is rising on the improve unemployment of u.s,because usd been the base currency is now the goods to be purchased/bought,so with that kind of news more swiss franc will be needed to purchase dollar&this call for a rise in price&traders go long.if usd is now the counter currency as in gbpusd,less usd will be needed to purchase gbp&this call for a drop in price&traders go short.hope it had been answered

Author: Ttaolin

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