The Swiss Franc is giving up ground to the US Dollar as markets scoop up the USD on climbing Treasury yields. Thursday’s SNB showing is expected to leave rates unchanged, but rhetoric changes in the policy statement could heave the CHF. The USD is on the move against the CHF ahead of Thursday’s European market window, with the pair pushing towards the major 1.0000 handle and etching in a new high for today at 0.9984. US Treasury yields lifted on Wednesday, bolstering the Greenback across the board and the US Dollar is bounding higher against the major currency bloc for Thursday, as market sentiment struggles to stage a full-on recovery. Thursday brings the Swiss National Bank (SNB) early on at 07:30 GMT, and the Swiss central bank is dropping their latest rate decision, which is expected to remain steady at -0.75%, while the SNB will also be publishing their latest Monetary Policy Assessment, though little change is expected, and 40 out of 40 economists polled by Reuters expect the SNB to keep rates where they are for the time being. As noted in the poll, the SNB would stick with a target range of minus 1.25 percent to minus 0.25 percent for the three months London Interbank Offered Rate, as it has for the last three-and-a-half years. USD/CHF levels to watch As noted by FXStreet’s own Haresh Menghani, “any subsequent retracement is likely to find support near the 0.9920 level and is followed by the 0.9900 handle, below which the pair could correct back to 0.9865-60 support area. On the flip side, the 0.9970-80 region might continue to act as an immediate hurdle, which if cleared might assist the pair to aim back towards reclaiming the parity mark.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Norges Bank expected to ‘pre-commit’ to a September hike – Danske Bank FX Street 5 years The Swiss Franc is giving up ground to the US Dollar as markets scoop up the USD on climbing Treasury yields. Thursday's SNB showing is expected to leave rates unchanged, but rhetoric changes in the policy statement could heave the CHF. The USD is on the move against the CHF ahead of Thursday's European market window, with the pair pushing towards the major 1.0000 handle and etching in a new high for today at 0.9984. US Treasury yields lifted on Wednesday, bolstering the Greenback across the board and the US Dollar is bounding higher against the major currency bloc for… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.