@clementi

According to Jinshi Data, Michael Pfister, an analyst at Commerzbank, said that if the Swiss National Bank cuts interest rates by another 25 basis points at 16:30 GMT, the Swiss franc may weaken. LSEG data shows that the market expects the bank to have a 65% chance of cutting interest rates. Pfister pointed out that the market has not fully digested this action and the Swiss franc may be affected. In the medium term, the signals from the Swiss National Bank in the next few months are crucial. The extent of the Swiss franc's decline will depend on whether the Swiss National Bank lowers its inflation expectations and hints at further interest rate cuts.

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