RSS Swiss Franc Rises on Inflation Stabilization, Aussie Eyes GDP Data

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 RSS Swiss Franc Rises on Inflation Stabilization, Aussie Eyes GDP Data

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Swiss Franc strengthened broadly after inflation data for November indicated a modest uptick, stabilizing after months of decline. Although the annual CPI reading missed market expectations, the stabilization reduces immediate pressure on SNB to implement a significant 50bps rate cut at its upcoming policy meeting this month. However, uncertainty still lingers as SNB faces the […]

The post Swiss Franc Rises on Inflation Stabilization, Aussie Eyes GDP Data appeared first on Action Forex.
 
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