Goldman Sachs recommends short EUR/CHF, target 0.9550

Goldman Sachs in a note after the European Central Bank rate hike

ICYMI:

• Forexlive Americas FX news wrap: ECB raises by 75 basis points.

GS:

• recommends short euro against swissy
• citing the likelihood the Swiss National Bank will step in to proper up the CHF
• EUR/CHFtargeting 0.955
• stop at 0.985