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TDUX
Nov 02 - 11:55 AM
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EUR/CHF - Hugs 0.92 After October's 3% Drop

By Robert Howard  —  Nov 02 - 09:42 AM

• EUR/CHF has hugged 0.92 since November got underway

• 0.91875-0.92135 is the EBS range since the European open

• The base of that range is three pips above Friday's 17-week low

• EUR/CHF fell 3% in October (0.9486 was EBS 17-month high on Sept 30)

• Swiss Oct inflation data due Tuesday at 0730 GMT; CPI forecast at 1.3%

• SNB is expected to keep its policy rate at zero next month (Dec 10)

EURCHF


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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