Tag Archives: SNB
SNB Cuts Interest Rates Once More, Franc Takes a Breather
In June 2024, the Swiss National Bank (SNB) decided to lower the primary policy rate by 0.25 percentage points, settling it at 1.25%. Such action aligned with the financial market’s expectations and mirrored the bank’s previous move at its earlier meeting. The decision stemmed from a diminishment in the core inflation pressures and the robustness […]
Focus on USDCHF today – 14th May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDCHF for 14th MAY 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
SNB Leads Global Central Banks in Rate Cuts Amid Economic Pressures
In March 2024, the Swiss National Bank unexpectedly decided to lower its primary interest rate by 0.25 percentage points to 1.5%. The action represented the institution’s first reduction in nine years, setting a precedent as the first major central bank to initiate a loosening of monetary policy. This development ensued as Swiss inflation dropped to […]
