menu search

Swiss Franc rises as CPI reinforces 50bps SNB hike, USD/CHF and EUR/CHF dive

Swiss Franc rises as CPI reinforces 50bps SNB hike, USD/CHF and EUR/CHF dive
Swiss Franc saw a surge after the release of the latest CPI data for February, which showed that inflation had accelerated beyond market expectations. The CPI remained above SNB’s target range of 0-2%, coming in at 3.4% yoy. This should reinforce the case for the SNB to maintain its tightening pace and raise interest rates […] The post Swiss Franc rises as CPI reinforces 50bps SNB hike, USD/CHF and EUR/CHF dive appeared first on Action Forex... Read More
Posted: Mar 6 2023, 08:18
Author Name: actionforex
Views: 102627

Search within

Pages Search Results: