The Swiss franc weakened against other major currencies in the European session on Thursday, as the Swiss central bank has indicated a stronger willingness to intervene against excessive franc strength.
Investors are focusing on the release of the Swiss ZEW Survey and the U.S. PCE inflation report. The Swiss National Bank or the SNB indicates that it is prepared to step in, putting pressure on the Swiss franc.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.