SNB raises rates by 50 bps from 0.50% to 1.0%, as widely expected

The Swiss National Bank (SNB) raised its benchmark sight deposit interest rate by 50 basis points (bps) to 1.0% from 0.50% previous, as widely expecte
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USD/CHF moves further away from multi-month low, taps 0.9300 mark post-SNB

The USD/CHF pair stages a goodish intraday recovery from the 0.9220 area on Thursday and snaps a two-day losing streak to an eight month low touched t
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