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Back Fundamental analysis
EUR/CHF: Between a Hawkish ECB and Interventions by the SNB
The EUR/CHF cross entered midweek with
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The EUR/CHF cross entered midweek with a confident rise, trading around 0.9220–0.9230 after bouncing off early-June lows of about 0.9130. The pair is exhibiting a stable upward trend amid a key divergence in the monetary policies of the European Central Bank (ECB) and the Swiss National Bank (SNB).Unlike many other currency pairs dominated by the US dollar, the dynamics of EUR/CHF are shaped by two unique factors: on one hand, the ECB is raising rates for the first time since
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Jurij Tolin,
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