According to Danske Bank, the downward trend of EURCHF is expected to be supported by the rate hike by the Swiss National Bank, with the current exchange rate standing at 0.96145.

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EURCHF Chart by TradingView

EUR/CHF is trading below the 0.97 mark. Economists at Danske Bank discuss the Swiss National Bank (SNB) policy outlook and its implications for the Franc.

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