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Aug 13 - 09:48 AM
EUR/CHF: Staying Tactically Bearish For A Move Towards 1.0800 - ING
First appeared on eFXplus on Aug 12 - 02:30 PM

ING Research discusses EUR/CHF outlook and maintains a bearish bias targeting a move towards 1.08 in the near-term (see here).

"We expect an eventful week in terms of Italian political developments, which may continue to fuel upside pressure on BTP rates," ING notes. 

"While EUR/USD will probably remain broadly attached to the 1.12 level. For now, we see room for more EUR/CHF downside towards the 1.08 region," ING adds. 

 
Source:
ING Research/Market Commentary

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