EUR/CHF: Further downside towards the 1.0050 mark – Credit Suisse
|Economists at Credit Suisse remain bullish on the Swiss franc and reaffirm their 1.0050 EUR/CHF target.
Peripheral spread widening sends a warning signal to the ECB
“A neutral SNB, fading ECB hawkishness, wider euro area peripheral spreads and geopolitical risks should weigh on EUR/CHF.”
“We continue to believe that the currency pair has further downside potential despite the recent spike higher and stick to our 1.0050 target.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.