• EUR/CHF: Longs still compelling with stops around1.0645 - Credit Suisse

Market news

22 December 2020

EUR/CHF: Longs still compelling with stops around1.0645 - Credit Suisse

eFXdata reports that Credit Suisse discusses EUR/CHF outlook.

"Regarding the outlook for the Swiss franc, we still stick to our initial 1.0900 target in EURCHF. In a more optimistic scenario, we could even see the pair reaching 1.1000 after that. Our optimistic view is based on the expectation of an economic recovery in the Eurozone once the impact of the Covid-19 vaccines shows their first positive results in sentiment and hard data releases," CS notes.

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