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Dec 29 - 08:55 AM

EUR/CHF - Holds Sub-1.04 After Threatening July 2015 Low

By Rob Howard  —  Dec 29 - 07:09 AM
  • 1.0379 marks the EBS high for EUR/CHF since it hit 1.0363 at 0946 GMT

  • 1.0363 is the lowest level since July 2015: 1.0356 was EBS low that month

  • Euro zone vs Swiss inflation gap continues to weigh on EUR/CHF nL1N2T10RL

  • Support points below 1.0356 include 1.0300 and 1.0253 (50% of 0.85-1.2005)

  • Swiss-EU relationship could fall apart if talks fail, EU's Sefcovic says

  • See: nL8N2TD1AF. SNB Q3 FX intervention data expected Dec 31 nL8N2QW1P1

EURCHF Click here

Source:
Refinitiv IFR Research/Market Commentary

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