The USD/CHF pair has surged to almost 0.8900 after the Swiss National Bank (SNB) unexpectedly slashed interest rates by 50 basis points. This move by the SNB has caused the USD to gain strength against the CHF.
The USD/CHF pair has surged to almost 0.8900 after the Swiss National Bank (SNB) unexpectedly slashed interest rates by 50 basis points. This move by the SNB has caused the USD to gain strength against the CHF.