Swiss franc: Risks remain skewed to the upside – Morgan Stanley
Strategists at Morgan Stanley remain bullish on the Swiss franc, recommending going short on EUR/CHF
Financial and Business News
Strategists at Morgan Stanley remain bullish on the Swiss franc, recommending going short on EUR/CHF
Hiking by the Swiss National Bank (SNB) should reduce the US dollar's momentum. Subsequently, economists
USD/CHF is approaching the bottom of the 0.95 to parity range. Analysts at Credit Suisse
Following the Swiss National Bank's (SNB) decision to hike its policy rate by 50 basis
Swiss economic growth could be weaker than previously forecast – Reuters reports, citing comments from
USD/CHF has reached major support at 0.9576/44. Economists at Credit Suisse look for the market
A combination of factors dragged USD/CHF lower for the third successive day on Thursday. The
Talk of parity has been increasing in the FX market. The probability of EUR/USD touching
Swiss National Bank Chairman Thomas Jordan said on Friday that higher inflation in Switzerland has
USD/CHF drifted lower for the second successive day amid heavy USD selling bias. The US