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The USD/CHF currency pair has extended its winning streak to a sixth consecutive trading session, rising roughly 2.15% from recent lows near 0.81822 to hit highs around 0.83580. The upward momentum is primarily driven by expanding monetary policy divergence between the US Federal Reserve and the Swiss National Bank. While the Swiss National Bank opted to keep interest rates unchanged, the Federal Reserve delivered a 25 basis point rate hike while signaling the potential for additional tightening before the end of the year.
