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- EUR/CHF: Further downside towards the 1.0050 mark – Credit Suisse
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.”
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