The EUR/CHF is floating into the top side heading into Thursday trading, and the pair caught a brief lift into 0.9490 before falling back into Wednesd
The EUR/CHF is grinding higher heading into Thursday, in play around 0.9475. Swiss business sentiment worsened, helping to keep the Euro in play above 0.9450. Up Next: ECB rate call, Monetary Policy Statement. ay's range, and the pair now gears up for another showing from the European Central Bank . Swiss business confidence is declining according to the ZEW Expectations Survey for October, which worsened from -27.6 to -37.8.
The ECB is broadly expected to keep rates steady where they are for the time being, but as ECB President Christine Lagarde noted recently during a television interview in Greece, the fight against inflation isn't over yet, but President Lagarde and the other policymakers at the ECB remains confident they will see inflation return to 2%i at some point in the future.
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Lagarde says ‘we are not done yet’ in interview ahead of ECB decisionSteven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: MKTWgoldstein.
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