Franc’s depreciation potential is limited – Commerzbank SNB Switzerland EURCHF Banks
“We will have to wait and see whether the situation on the markets might ease over the course of the next week anyway. If that was to be the case the SNB might be able to follow suit and hike the key rate like the“After the CHF was able to benefit from its role as a safe haven at the start of the week this unsurprisingly changed when the focus turned onto Switzerland itself.
signalled clearly that it wants to avoid a significant weakening of the CHF due to high inflation rates and that if necessary, it would be prepared to intervene again.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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