EUR/CHF: Swiss Franc Falls Sharply after SNB Surprise to Keep Rates On Hold

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<p>EURCHF surged 0.8% in immediate reaction to decision of the Swiss National Bank to pause its current cycle of interest rate hikes. In the policy meeting held today, the SNB kept its interest rate unchanged at 1.75%, against widely expected 25 basis points increase, arguing their decision by easing inflation in Switzerland, but left the […]</p>
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