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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 […]

The post USD/CHF Outlook: Swiss Franc Falls After SNB’s Surprise 0.50% Rate Cut appeared first on Action Forex.

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