OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/CHF: Risk of a move lower to 1.04 – Rabobank

While the CHF is an established safe haven, it has a particular sensitivity to bad news in Europe, analysts at Rabobank report. EUR/CHF is trading at 1.0574.

Key quotes

“We see the EUR as having held up fairly well earlier this month to the surge in USD demand.  However, increased signs of political friction in the region would threaten the outlook for the EUR and weigh on EUR/CHF.”

“Overall, despite the ongoing efforts of the SNB to provide stability in the exchange rate, we see risk of a move lower to 1.04 on a 3 month view.”

 

USD/CHF Price Analysis: Intraday positive move stalls near ascending trend-channel resistance

The USD/CHF pair built on the previous day's recovery from the key 0.9500 psychological mark and gained some follow-through traction for the second st
Read more Previous

USD/JPY drops to 108 area as DXY continues to erase daily gains

The USD/JPY lost its traction in the early American session and continued to erase its daily gains. As of writing, the pair was still up 0.2% on the d
Read more Next
Start livechat