- Analytics
- News and Tools
- Market News
- Scope for the Franc to weaken somewhat against the Euro in the coming quarters – Commerzbank
Scope for the Franc to weaken somewhat against the Euro in the coming quarters – Commerzbank
The Franc continued to strengthen against the Euro in July. However, economists at Commerzbank still see a moderately weaker CHF in the course of the year.
SNB should increasingly tolerate a weaker Franc
We have adjusted our EUR/CHF forecast slightly downwards, but maintain the view that the Franc should weaken moderately medium-term.
Price pressures and the risk of second-round effects should continue to ease in the coming months so that the SNB could tolerate a weakening of the Franc to some extent. And with the ECB likely to remain quite hawkish, the EUR should be supported from that side.
Source: Commerzbank Research
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
