US Federal Reserve hikes interest rate

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Source: Dukascopy Bank SA


The United States Federal Reserve Federal Open Markets Committee has just increased the Federal Funds Rate from 4.75% up to 5.00%. The market consensus was that the Fed would hike 0.25%.



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Thu, 23 Mar 2023 10:20:38 GMT

Swiss Franc strengthens due to SNB

The Swiss National Bank has hiked its SNB Policy Rate from 1.00% up to 1.50%. The central bank has hiked interest rates despite the ongoing turmoil in the country's banking sector. As a result of the rate hike the Swiss Franc immediately gained value against peer currencies. The SNB hike caused a 0.46% percent decline. The combined actions by

Tue, 14 Mar 2023 15:48:45 GMT

US CPI causes volatility

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