• There are CHF risks, even though the SNB is doing everything it can – Commerzbank

Market news

3 July 2023

There are CHF risks, even though the SNB is doing everything it can – Commerzbank

Economists at Commerzbank analyze the Swiss National Bank’s (SNB) strategy and its implications for the Franc (CHF).

SNB is likely to be able to maintain its intervention strategy, but not forever

Short to medium term the SNB is likely to be able to maintain its intervention strategy, but not forever. 

Its strategy will only work out under the condition that inflation pressure will ease on its own over the coming months or quarters. That is the most likely scenario, but it is far from certain. For that reason, there are CHF risks, even though the SNB is doing everything it can to give those a good time who are holding CHF-long positions.

 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.