Franc began to decline. Forecast as of 26.03.2024

By acting as a pioneer, the SNB turned the franc into an underdog. As the key rate decreases further, USDCHF and EURCHF uptrends will intensify. Let's discuss this topic and make up a trading plan.Quarterly Swiss franc fundamental forecastSNB officials decided to take the initiative into their own hands. They became the first among the G10 to lower the key rate from 1.75% to 1.5%. As a result, the principle “whoever starts, loses” worked out. USDCHF soared to 4-month h