EUR/CHF: Bearish reversal not seen on the horizon – ING
Source Fxstreet
EUR/CHF is just below 0.9600 after the release of Swiss inflation data. Economists at ING analyze the pair’s outlook.
Ongoing disinflation continues to suggest the new SNB President may stay clear of more CHF-supporting measures
Switzerland has just published February CPI figures, which came in slightly hotter than expected. Headline inflation slowed from 1.3% to 1.2% and core from 1.2% to 1.1%, in line with consensus.
Despite the smaller-than-expected decline, ongoing disinflation continues to suggest the new SNB President (Jordan announced his resignation last week) may stay clear of more CHF-supporting measures.
EUR/CHF has had a strong run lately, but we had targeted a move to 0.9600 by the spring and do not see a bearish reversal on the horizon.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
When Will the Gold Dilemma Be Resolved? Breakdown of US-Iran Negotiations Puts Gold Prices Under Pressure Again, Can It Return to $5,000? Spot gold broke below the $4,700 level during the Asian trading session on May 11, dropping as low as $4,678. As of press time, it was trading at $4,670, in stark contrast to three days a
Spot gold broke below the $4,700 level during the Asian trading session on May 11, dropping as low as $4,678. As of press time, it was trading at $4,670, in stark contrast to three days a
International oil prices surged in early Asian trading after U.S. President Trump and Iran rejected each other's latest long-term peace proposals. Both major crude oil futures rose by mor
Gold slumps below $4,700 on Trump rejection of Iran peace proposalGold price (XAU/USD) falls to around $4,690 during the early Asian session on Monday. The precious metal attracts some sellers after US President Donald Trump rejected Iran’s latest peace offer to end the 10-week conflict choking the Strait of Hormuz, fanning inflation fears.
Gold price (XAU/USD) falls to around $4,690 during the early Asian session on Monday. The precious metal attracts some sellers after US President Donald Trump rejected Iran’s latest peace offer to end the 10-week conflict choking the Strait of Hormuz, fanning inflation fears.
Silver Price Analysis: Climbs above $80, as bulls eye weekly highSilver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
Silver price advances more than 2.50% on Friday, set to end the week with gains of over 7% sponsored by US Dollar weakness and falling oil prices. At the time of writing, the XAG/USD trades at $80.72, after bouncing off daily lows of $78.16.
April 2026 NFP forecast 62K–70K vs March 178K. Unemployment expected 4.3%. Fed on hold at 3.50–3.75% with Kevin Warsh as new chair. DXY triple-bottom at $97.69. Trade setup inside.The Apr
Related Instrument
