Risk Management

EUR/CHF to tick down towards 0.93 over months ahead – Danske Bank

A burning euro coin with fireworks

Economists at Danske Bank proceed to count on EUR/CHF to pass downward in the coming months. The pair is forecast at 0.93 on a 12-month view.

Swiss National Bank to hike by using seventy five bps in December
“We anticipate the SNB to hike with the aid of seventy five bps in December to curtail underlying inflation pressures bringing the coverage fee to 1.25%.”

“With the SNB extensively following the ECB, we see relative quotes as an inferior driver for the cross.”

“We proceed to forecast the pass to pass decrease on the again of fundamentals and a tighter international funding environment.”

“We proceed to forecast EUR/CHF at 0.93 in 12M.”


Related posts
Risk Management

JPY Price Analysis: Portrays head-and-shoulders bearish pattern on softer Australia data

AUD/JPY drops 50 pips as Australia inflation, employment numbers disappoint Aussie buyers. Looming…
Read more
Risk Management

ECB’s Makhlouf: Could raise rates above 3.5% and hold them there – WSJ

European Central Bank (ECB) Governing Council member Gabriel Makhlouf stated on Tuesday that the ECB…
Read more
Risk Management

Gold Futures: Green light for further gains

Open activity in gold futures markets left in the back of 4 consecutive each day drops and rose by…
Read more
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *