Title: USD/CHF Outlook: Swiss Franc Falls After SNB’s Surprise 0.50% Rate Cut
Post by: forex4you on Dec 13, 2024, 05:59 am
Post by: forex4you on Dec 13, 2024, 05:59 am
USD/CHF Outlook: Swiss Franc Falls After SNB's Surprise 0.50% Rate Cut
Source: USD/CHF Outlook: Swiss Franc Falls After SNB's Surprise 0.50% Rate Cut (https://www.actionforex.com/contributors/technical-analysis/579285-usd-chf-outlook-swiss-franc-falls-after-snbs-surprise-0-50-rate-cut/)
USDCHF rose to two-week high on 0.8% jump on Thursday morning, after the Swiss National Bank surprised by 50 basis points rate cut (0.50% from 1%) against widely expected 25 basis points cut. This was the fourth policy easing in 2024, following three 0.25% cuts in March, June and September, and the biggest rate reduction […]
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Source: USD/CHF Outlook: Swiss Franc Falls After SNB's Surprise 0.50% Rate Cut (https://www.actionforex.com/contributors/technical-analysis/579285-usd-chf-outlook-swiss-franc-falls-after-snbs-surprise-0-50-rate-cut/)