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Standard Chartered expect higher EUR/CHF in 2023 (citing inflation down, risk appetite up)
Snippet from Stan Chart on euro-swiss:
Looking for the Swiss franc to
- weaken against the EUR as 2023 progresses, inflation declines and risk appetite is restored
We doubt that intervening to push CHF stronger is the SNB’s preferred outcome but the threat is credible enough as long as inflation is a concern. For the time being investors will likely be reluctant to fight the SNB on CHF strength or use the CHF as the short leg against higher beta currencies
The... Read More
Posted: Nov 24 2022, 01:49
Author Name: forexlive
Views: 110866