EUR/CHF hit an all-time low in late 2023. Since then, the pair has risen slightly. The economists of Rabobank analyze the outlook for EUR/CHF.
Swiss Franc May Be Especially Sensitive to Eurozone Headwinds
While several geopolitical factors can trigger CHF buying, the Swiss Franc may be especially sensitive to Eurozone headwinds. Economic stagnation, budget constraints and strikes in Germany, along with calls for structural reforms in Europe's largest economy, could limit EUR/CHF's room for appreciation in the medium term.
We see room for further declines to the 0.9300 area in a 1-3 month outlook in the absence of a more dovish stance from the SNB.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
