USD/CHF Hits Highest Since May 2025 After SNB Holds Rate at 0%

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Summary · why it matters

USD/CHF climbed to its highest level since May 2025 on Thursday as the Swiss Franc weakened across the board following the Swiss National Bank's decision to leave its policy rate unchanged at 0%. The SNB's hold at 0% drove broad Swiss Franc weakness, lifting the pair to its strongest since May 2025. With bulls remaining in control, the Relative Strength Index is nearing overbought territory.

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