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ING Analyst Predicts USD/CHF Could Rise to 0.85 in August if SNB Maintains Low Rates

2026-07-28 08:06:59

According to Chris Turner, ING analyst, on July 28, if the Swiss National Bank maintains zero interest rates this year, the Swiss franc may weaken further. Turner noted that low Swiss rates amid rising global yields have pressured the franc, making it attractive for carry trade funding. He forecasts that if the Federal Reserve raises rates on Wednesday, USD/CHF could climb to 0.85 in August.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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