UBS analysts: The Swiss franc is expected to fall against the euro.

Jin10 data reported on July 31, UBS Global Wealth Management analysts stated in a report that as investors seek more favorable yields in the Eurozone and the growth outlook improves for next year, the Swiss franc may weaken against the euro. They noted that the European Central Bank was cautious about interest rate cuts at last week's meeting, and the strength of the franc will ultimately be suppressed by interest rate differentials favoring the euro. "Meanwhile, there has been little news about a potential trade agreement between the US and Switzerland, but any progress would be significant for the franc." UBS expects the euro to reach 0.94 against the franc by the end of the year.