Swiss Franc: Safe-haven CHF held back by SNB – MUFG
MUFG economists highlight that the Swiss Franc (CHF) has underperformed as the Swiss National Bank (SNB) leans against currency strength and downplays current inflation.
The Swiss Franc is likely to continue underperforming as the SNB maintains its stance against currency strength. This may lead to a further depreciation of the CHF in the near term.
MUFG economists highlight that the Swiss Franc (CHF) has underperformed as the Swiss National Bank (SNB) leans against currency strength and downplays current inflation.
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