More on the Surprise Rate Cut in Switzerland

218577 Resource 128460 120646 120646 1227189704023 1227189704023 Controlled Swiss National Bank Cuts Rates

Surprise rate cut sends Swiss franc lower in forex trading

In currency trading, the Swiss franc is heading much lower, thanks to a <a href="http://www.marketwatch.com/news/story/story.aspx?guid={ACE30989-5E81-42C7-898D-5276CE062DBB}&siteid=rss" target="_blank" title="rate cut Swiss bank, surprise rate cut, Swiss franc forex trading, forex trading, currency trading, currency trading franc, U.S. dollar">surprise rate cut from the Swiss National Bank</a>. The central bank in Switzerland made a dramatic cut of 100 basis points, in an effort to help stimulate the economy. Like many other countries, the Swiss National Bank participated in a coordinated rate cut not too long ago. On that occasion, the bank cut rates by 50 basis points. However, it is apparent that Swiss monetary policy makers feel that they can do more to support the Swiss economy. As one might expect, the Swiss franc is markedly lower in forex trading, especially against the U.S. dollar. 9 application/xml false currency trading currency trading franc forex trading rate cut Swiss bank surprise rate cut Swiss franc forex trading U.S. dollar More on the Surprise Rate Cut in Switzerland Swiss rate cut http://www.fxstreet.com/fundamental/market-view/daily-market-report/2008-11-20.html Swiss Franc in Forex Trading Currency trading on the FX market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.0.4) Gecko/2008102920 Firefox/3.0.4 127.0.0.1 127.0.0.1 mmarquit 66.182.71.19 false true false false true 128460 blog blogsite/GFTForex/web