• The CHF now looks toppish – SocGen

Noticias del mercado

4 julio 2023

The CHF now looks toppish – SocGen

Since the start of the year when EUR/CHF peaked just above parity, the Franc has been on a bullish trend. Economists at Société Générale analyze CHF outlook.

The 0.97 region should now be a bottom

The 0.97 region should now be a bottom, and we expect very slow EUR/CHF gains. 

In a context where the market digested the banking sector stress and inflation is expected to return below 2% this year, the CHF now looks toppish.

See: It is too early for higher EUR/CHF rates – Commerzbank

 

Enfoque del mercado
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
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: