Daily outlook for EUR/CHF: Societe Generale

Quotes from Societe Generale Cross Asset Research:

-EUR/CHF rallied to a post-floor high of 1.0730, with the franc staging a broad-based retreat against all its major counterparts.

-This follows in the wake of heightened expectations that the SNB will cut interest rates again in March to weaken the Franc and try to cushion the blow to the economy from the currency's appreciation in January.

-Interestingly, a third of the economists surveyed by Bloomberg also believe that the SNB may link the CHF to a basket of currencies, thereby following the example of the MAS (Singapore).