Analyst on USD/CHF and EUR/CHF, even higher for the Swiss franc ahead

ING expect USD/CHF under 0.97 and EUR/CHF towards 1.05 in the northern summer months.
On EUR/CHF:
– our call is that the Swiss National Bank will face the same kind of pressure (ECB money printing) that prompted them to abandon the 1.20 EUR/CHF floor in January 2015
ING see the USD peaking during summer months, USD/CHF dropping below