Libor Rate (CHF) – 11/12

What is it? It checks the London interest rate for 3-month Swiss franc deposits.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

When? December 11th at 3:30am Eastern Time.

 

 

Trading Tip: If the number is higher than the forecast, you can expect the CHF to rise.

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