The Swiss National Bank (SNB) is in focus today as traders anticipate its rate decision, which could influence the exchange rate of the EUR/CHF. Currently, the pair is testing support around 0.95, and any shift in SNB policy may lead to increased volatility. Meanwhile, the USD/CHF is trading at 0.91, reflecting a mixed sentiment in the market.
Additionally, the U.S. Jobless Claims report is set to release, with expectations pointing to a slight increase to 220,000 claims. This data will be crucial for the USD's performance against major currencies, particularly the EUR/USD, which is hovering around 1.07. Market participants are keenly monitoring these developments as they could shape trading strategies heading into the weekend.
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Data Source: FX Killer Analysis Team Updated: 2025-12-11 07:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.