Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Apr 09 - 05:55 AM

EUR/CHF - Maintains 0.98 Handle Before SNB's Schlegel Speaks

By Rob Howard  —  Apr 09 - 03:50 AM
  • EUR/CHF holds above 0.9800 ahead of speech from SNB's Schlegel at 1630 GMT

  • Schlegel is the mooted favourite to succeed Jordan as SNB Chairman on Oct 1

  • Expectation of another SNB rate cut in June is weighing on the franc

  • 0.9835 was EBS high for EUR/CHF Monday. 0.9847 was 11-month high last week

  • BofA forecasts EUR/CHF to trade towards 1.10 by the end of next year

  • EUR/CHF was last at 1.10 in June 2021. ECB event risk Thursday nL2N3GH0NB

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!