FX.co ★ EUR/CHF

Hello everyone! As I predicted, EURCHF continued its rise, which turned out to be insignificant due to strong resistance at the 0.9230 level. A breakout of this line will bring EURCHF to 0.9250, and a move above that will open the way to 0.9300. Today the economic calendar is empty for Switzerland and the Eurozone. Currency speculators are pricing in geopolitics and inertia after yesterday’s Minutes release. The Fed removed mention of a rate cut, but this pair is only indirectly affected by that. The main benchmark for speculators is monetary policy. The Swiss National Bank has promised to keep the rate at zero in 2026 and 2027. The inflation forecast for Switzerland for this period is at 0.6%. This is one of the lowest figures among central banks of developed countries. The ECB promises to continue raising rates if inflation jumps again. And since the problems in the Strait of Hormuz have not been resolved, a rate hike is a likely scenario.