EUR/CHF to stay offered near 0.95 multi-month, any rallies to prove fleeting

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Swiss National Bank (SNB) meets today. Economists at ING analyze EUR/CHF ahead of the Interest Rate Decision. SNB to hike the policy rate by 25 bps A

A 25 bps hike in the policy rate to 2.00% is widely expected. Also expected is commentary that the SNB will be using the Swiss Franc to meet its monetary goals and that it will continue to sell FX.

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