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ECB Delivers on Rate Cut Despite Inflation Concerns

ECB Delivers on Rate Cut Despite Inflation Concerns

June 11, 2024

The European Central Bank (ECB) proceeded with its first interest rate cut since 2019 on Thursday, adhering to its commitment despite growing uncertainties regarding the inflation outlook.

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Switzerland and EU to Strengthen Collaboration on Health Crisis and Food Safety

Switzerland and EU to Strengthen Collaboration on Health Crisis and Food Safety

May 28, 2024

Federal Council Plans Health Crisis Agreement with EU

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USD/CHF Holds Steady at 0.9100 Amid Positive Market Sentiment

USD/CHF Holds Steady at 0.9100 Amid Positive Market Sentiment

May 20, 2024

The USD/CHF pair has been appreciating, currently trading around 0.9100, buoyed by the recovery of the US Dollar and improved US Treasury yields. This marks the third consecutive day of gains for the pair, reflecting a positive sentiment in the market. Early European trading hours on Monday saw the pair hovering near this level, although trading volumes were lighter due to the Whit Monday bank holiday in Switzerland.

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Swiss Franc Strength: A Result of Strategic Monetary Policy Adjustments

Swiss Franc Strength: A Result of Strategic Monetary Policy Adjustments

May 08, 2024

The Swiss Franc has demonstrated notable resilience against the US Dollar recently, a trend bolstered by the Swiss National Bank's (SNB) strategic rate cut.

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The Swiss Franc Holds Steady Following Comments from Thomas Jordan, President of the Swiss National Bank

The Swiss Franc Holds Steady Following Comments from Thomas Jordan, President of the Swiss National Bank

April 27, 2024

Recently, the Swiss franc demonstrated its resilience by maintaining stability against the US dollar. During the European trading session, the USD/CHF exchange rate remained nearly unchanged, hovering around 0.9118.

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