Explore eFXplus Derived Data That Drive Results
A Data Partner of:
May 13 - 06:55 PM

Credit Agricole: Outlook on EUR/CHF Exchange Rate Towards Year-End

By eFXdata  —  May 13 - 03:00 PM


Credit Agricole provides an analysis of the EUR/CHF exchange rate, predicting a steady  0.97 to 1.00 range through the end of the year influenced by both domestic and international factors.

Key Points:

  • Current Stability: EUR/CHF has stabilized around 0.9750, influenced partly by a surprising rise in Swiss CPI in April and a relatively calm domestic news flow.
  • Limited Domestic Impact: Upcoming events in Switzerland, including remarks from SNB President Thomas Jordan and expected producer price index data, are not anticipated to significantly influence the CHF.
  • Global Influences: The Swiss Franc is expected to be more responsive to international events, particularly the impact of the US CPI data on global equity and interest rate movements.


While domestic factors provide limited impetus for significant movements in the CHF, international dynamics, especially from the US, could impact the currency pair. Credit Agricole reaffirms its forecast for EUR/CHF to remain within a 0.97 to 1.00 range in the coming months, suggesting a continued period of relative stability barring major global economic shifts.

Crédit Agricole Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


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