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SNB policy meeting has 50-50 chances for 25bps versus 50bps rate cut Potential reaction in Swissy on Thursday at 7:30 GMT SNB: another bank to cut rates The time for Swiss National Bank (SNB) to cut rates again has come. The global economic environment is currently facing substantial problems, including inflationary pressures and geopolitical uncertainty, so this decision comes at a […]

The post SNB Meeting: Single or Double Cut This Time? appeared first on Action Forex.

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11/12/2024

EUR/USD Faces Resistance While USD/CHF Builds Momentum

EUR/USD extended losses and traded below the 1.0550 support. USD/CHF is rising and might aim for a move toward the 0.8880 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the 1.0635 resistance and declined against the US Dollar. There is a key bearish trend line forming with resistance at […]
04/04/2024

Gold Rally Turns Golden After Another Record

Gold unlocks fresh all-time high Bullish wave could stabilize, but perhaps temporarily Gold has been in an uninterrupted record rally over the past week, ticking to a new high of 2,304 before losing some steam early on Thursday. While investors continue to debate the longevity of the bullish wave as the rate cut scenario remains […]
10/08/2024

U.S. Inflation Likely Held Steady in July

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