EUR/CHF: Scope for further dips to the 0.9300 area on a 1-to-3-month view – Rabobank
Source Fxstreet
EUR/CUF reached a record low at the end of 2023. Since then, the pair has drifted modestly higher. Economists at Rabobank analyze EUR/CHF outlook.
Swissie can be particularly sensitive to headwinds in the Eurozone
While various geopolitical factors have the potential to spark CHF buying, the Swissie can be particularly sensitive to headwinds in the Eurozone. Economic stagnation, budget constraints and strike action in Germany combined with calls for structural reforms in Europe’s largest economy could limit scope for appreciation in EUR/CHF medium term.
We see scope for further dips to the 0.9300 area on a 1-to-3-month view failing a more dovish stance from the SNB.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bitcoin prices surge past $65,000 as U.S. and Iran reach a new agreement, with the $70,000 mark in sight this week.On June 15, Bitcoin ( BTC) continued its rebound, decisively breaking th
Gold Rallies for Third Straight Day. Trump Says US-Iran Deal Will Be Reached, Can Gold Prices Return Above $4,500? As of the Asian session today (June 15), driven by significant progress in US-Iran negotiations, gold prices today ( XAUUSD) gapped higher at the open, with intraday gains exceeding 2%; m
As of the Asian session today (June 15), driven by significant progress in US-Iran negotiations, gold prices today ( XAUUSD) gapped higher at the open, with intraday gains exceeding 2%; m
Gold rises to weekly high as US, Iran reach peace dealGold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
Gold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.
As of the Asian session on June 12, gold ( XAUUSD) prices oscillated lower near $4,180. Yesterday, gold prices briefly dipped toward $4,000 before rebounding sharply above $4,200 on news
West Texas Intermediate (WTI) oil price remains subdued after registering over 5.5% losses in the previous day, trading around $85.00 per barrel during the Asian hours on Friday.
Related Instrument
