Swiss Rate Cut Impact on Euro-Franc Surge and BoE Statement Outlook

Friday, 21 June 2024, 06:22
The recent Swiss rate cut has led to a significant surge in the Euro against the Franc, while the Bank of England's statement has reignited expectations for a rate cut. Key currency pairs such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF are closely monitored in this market analysis. Ipek Ozkardeskaya evaluates the implications and outlook for these forex pairs.
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Swiss Rate Cut Impact on Euro-Franc Surge and BoE Statement Outlook

Market Overview Analysis

The recent Swiss rate cut has sparked a surge in the Euro against the Franc, while the Bank of England's statement has resurfaced rate cut expectations.

Covered Currency Pairs

  • EUR/USD
  • GBP/USD
  • USD/JPY
  • USD/CHF

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