Commerzbank counts on growth in the euro / franc

According to analysts Commerzbank, reducing PPI index for July in Switzerland was the most significant year on year for nearly 34 years - these figures should be the confirmation of the expectations of the market, according to which the Swiss National Bank will raise rates more slowly than the ECB. Currency strategists Bank believes that in this atmosphere euro / franc is likely to grow slowly - reducing the field to a pair of 1.5250 should be seen as a good opportunity to buy in order to resume growth by 1.5380 and 1.54. Euro / Franc at the moment is traded at 1.5316.