UBS Predicts Swiss Franc on the Decline, Anticipates Fed Rate Cuts
Key Takeaways: π± SNB’s early rate cut led to a weakening Swiss franc against major currencies π Short positions in Swiss franc point to potential downside risks for USDCHF π Federal Reserve expected to start rate cuts in September, affecting Swiss franc πΊπΈ Outcome of U.S. election unlikely to significantly impact U.S. dollar π Geopolitical … Read more