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USD/CHF Outlook: Swiss Franc Falls After SNB’s Surprise 0.50% Rate Cut

Started by forex4you, Dec 13, 2024, 05:59 am

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USD/CHF Outlook: Swiss Franc Falls After SNB's 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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