Swiss franc falls as SNB continues with rate cuts ...Middle East

Even if this was the "expected" decision, the feel of the market was that it was closer to a coin flip. That explains the reaction in the Swiss franc, with the SNB also sticking with a more dovish stance overall. The Swiss central bank signaled that inflation is easing further, having lowered their projections on that in today's statement.The franc has fallen as a result, with USD/CHF rising back up by 0.5% now to 0.8887 on the day:The pair is now running back up to test its 200-day moving average (blue line) at 0.8895. Keep below and sellers will still be poised to hold the downside momentum. But break above, and buyers will start to wrestle back some control after the downside draft this m

Read More Details
Finally We wish PressBee provided you with enough information of ( Swiss franc falls as SNB continues with rate cuts )

Also on site :

• Ukrainian teachers told to pretend they can’t speak Russian
• Kylie Jenner’s Stunning European Vacation Snapshots Are Giving Us Major Life Goals Envy
• Couple Bring Cat To Vet, Realize Something Heartbreaking Once They Arrive