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Oct 25 - 07:55 AM

EUR/CHF - Within Strike Of 1.07 After Rise From 11-Month Low

By Rob Howard  —  Oct 25 - 06:13 AM
  • 1.0692 is EBS high for EUR/CHF since Friday's fall to 1.0660 (11-month low)

  • Offers may emerge around 1.07 if EUR/CHF pushes its recovery envelope

  • There is a large 1.0700 option expiry at the end of this week nL1N2RL0FA

  • Drop to 1.0660 followed Weidmann exit news nL1N2RL0GKnL8N2RG55P

  • Swiss sight deposits rose for the sixth consecutive week last week

  • A rise in sight deposits can indicate SNB intervention to weaken the franc

EURCHF Click here

Source:
Refinitiv IFR Research/Market Commentary

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