The Swiss franc may stage a slight rebound if Switzerland reaches a last-minute trade agreement with the United States before Thursday’s deadline, according to Commerzbank.Switzerland currently faces the threat of a 39% tariff on exports to the U.S. if a deal isn’t struck. Commerz believes Swiss officials are likely to make a “significantly improved offer” to avoid that outcome.“Ultimately, an agreement will likely be reached, but it will now be significantly more expensive than originally anticipated,” he said in a client note.Commerz adds that a resolution would likely support the franc and stabilize EUR/CHF around 0.9300. However, if trade tensions worsen and no deal materializes, the franc could come under renewed pressure.Market participants are watching closely as the deadline approaches, with implications not only for Swiss exporters but also for broader currency dynamics in Europe. This article was written by Eamonn Sheridan at investinglive.com.