SNB Slashes Rate to Zero, USD/CHF Treads Water Amid Holiday-Thinned Trade

The SNB cuts the rate to zero, the USD/CHF remains stable in the middle of a trade reduced by the holiday - World Stock Market

The USD/CHF remains plane about 0.8186 while the Juneteenth holiday maintains light volumes. The SNB surprises with a 0%basic point cut, leaving it with the lowest rates between its peers. The 10 -year Swiss bonus performance rises to 0.3% for tensions in the Middle East and politics signs. The Swiss Franco (CHF) remains stable against the US dollar (USD) on Thursday, showing a moderate price evolution while operators digest the decision of the …

SNB slashes rate to zero, USD/CHF treads water amid holiday-thinned trade

The Swiss Franc (CHF) holds steady against the US Dollar (USD) on Thursday, showing muted price action as traders digest the Swiss National Bank’s (SNB) decision to cut its key policy rate by 25 basis points to 0%.

Swiss Central Bank Cuts Rates to 0% Amid Global Trade Turmoil

Key Highlights: Swiss National Bank slashes interest rates to 0%, signaling deep concern over global economic slowdown. Rising geopolitical risks and deflation fears could trigger a shift from fiat to decentralized safe havens like Bitcoin. Yello, Paradisers! Switzerland, one of the world’s most conservative financial strongholds, has just fired a monetary bazooka, cutting interest rates to 0% and hinting at a possible return to negative rates …

(SNB) Swiss National Bank lowers SNB policy rate to 0% - Action Forex

The Swiss National Bank is lowering the SNB policy rate by 0.25 percentage points to 0%. The new policy rate applies from tomorrow, 20 June 2025. Banks' sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount for sight deposits above this threshold remains unchanged at 0.25 percentage points.1 The SNB remains willing to be active in the foreign exchange market as necessary.