• EUR/CHF can jump back up to the 0.9550 area – ING

Noticias del mercado

14 diciembre 2023

EUR/CHF can jump back up to the 0.9550 area – ING

Economists at ING analyze Franc’s outlook ahead of the Swiss National Bank (SNB) meeting.

Has the SNB been both buying and selling FX?

Presumably, the SNB will cut its inflation forecasts. Having consistently sold FX since last year – delivering nominal CHF appreciation and keeping the real Swiss Franc stable – we are interested to hear today whether the SNB has been both buying and selling FX. 

If it confirms it is on both sides of EUR/CHF, rather than just being a EUR/CHF seller, and we suspect EUR/CHF can jump back up to the 0.9550 area.

 

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: