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EUR/CHF: Higher Oil seen lifting cross – ING

Chris Turner at ING argues that a regime of higher Oil prices, inflation and tighter global policy would favour EUR/CHF upside. Switzerland’s low fossil-fuel exposure means the Swiss National Bank (SNB) is likely to lag in tightening.

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Chris Turner at ING argues that a regime of higher Oil prices, inflation and tighter global policy would favour EUR/CHF upside. Switzerland’s low fossil-fuel exposure means the Swiss National Bank (SNB) is likely to lag in tightening.