Monday , 25 November 2024
Home Forex USD/CHF surges to near 0.8960 after SNB announced a 25 bps interest rate cut
Forex

USD/CHF surges to near 0.8960 after SNB announced a 25 bps interest rate cut

USD/CHF has rebounded from intraday losses and shifted into positive territory following the Swiss National Bank’s (SNB) decision to cut interest rates by 25 basis points (bps) to 1.50% in its March meeting held on Thursday.

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