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RBC: Navigating the CHF landscape amid SNB’s upcoming neeting and USD/CHF dynamics

RBC Capital Markets provides a comprehensive look into the Swiss franc (CHF) as the Swiss National Bank (SNB) gears up for its third quarterly meeting of the year. The financial giant discusses its favourite CHF trade and offers an analysis of positioning in CHF pairs, notably USD/CHF.Key Points:SNB Meeting Anticipation: The forward curve is currently discounting a 40% chance of an interest rate hike by the SNB. RBC views this as a high estimation and advises investors to view any CHF dip as a r...
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Posted: Sep 15 2023, 15:13
Author Name: forexlive
Views: 091164