Swiss Franc Jumps After Measured SNB Cut, Sterling Recovers after BoE
Posted 19 June 2025Swiss Franc rebounded broadly on Thursday after SNB delivered a widely expected 25bps rate cut to 0.00%. Some trade had speculated on either a stronger dovish signal or even surprise action aimed at curbing Franc strength. Instead, SNB refrained from anything bold, and the post-meeting move in Franc reflected such disappointment. Also, in a global […]
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Dollar Firms as Fed Embraces Caution Over Tariff-Driven Inflation; SNB and BoE Next
Posted 19 June 2025Dollar strengthened broadly in the wake of Fed’s policy decision overnight, although upside momentum remains measured. On the one hand, the updated dot plot maintained projection of two rate cuts in 2025. On the other hand, Chair Jerome Powell offered little to reinforce that view. Instead, he bluntly acknowledged that none of the rate path […]
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