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Strategists at HSBC say the Swiss Franc is due a comeback against the Pound which will continue to be weighed down by expectations for near-term interest rate cuts.
April 23,2024
The Pound to Franc exchange rate might be in rarefied air at current levels, with one Swiss private bank predicting it will fall over the remainder of the year.
April 9,2024
The Swiss Franc selloff accelerated following the release of a below-consensus inflation report that raised the odds of further interest rate cuts from the Swiss National Bank (SNB).
April 4,2024
The Swiss Franc was sold after the Swiss National Bank (SNB) became the first G10 central bank to commence an interest rate cutting cycle, with analysts saying further weakness is now likely as the central bank becomes an outlier.
March 21,2024
J. Safra Sarasin says the Swiss National Bank (SNB) should lower its policy rate in March, independent of the signals that the European Central Bank (ECB) will send at its meeting this week.
March 5,2024
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