USD strengthens, SNB cuts rates, BOJ shifts, Fed projects cuts

Summary: The U.S. dollar is on track for a second week of gains, with the dollar index up 0.8% to 104.21. The Swiss National Bank surprised by cutting rates, causing the franc to weaken. The Bank of Japan made a historic shift in rates. The U.S. Federal Reserve kept rates steady but projected three cuts by year-end. Bitcoin is experiencing its sharpest weekly drop since January, currently at $65,900.

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