Euro-Swiss franc is up 0.2% on the day to 0.9906, the 8th consecutive session of gains is the longest winning streak since October 2022
Despite the rise, the options market does not seem to engage in further topside. 1w risk reversals continue to favour the franc marginally
Analysts noted the higher than estimated U.K. CPI as a reason for funds to engage in CHF shorts against GBP, the offers drove EUR/CHF and USD/CHF higher
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