Reported 2 days ago
Analysts believe the Swiss franc will quickly recover against the euro after a recent interest rate cut by the Swiss National Bank (SNB). While the franc dropped briefly following a larger-than-expected rate cut, it rebounded as the potential for further cuts appears limited, and demand for safe-haven assets remains strong amid geopolitical uncertainties. The SNB's current rate is just above zero, with expectations of a weaker euro contributing to the franc's strength in the near term.
Source: YAHOO