CHF: Sub-0.93 is rare for EUR/CHF – ING
EUR/CHF is trading at sub-0.93, which is quite rare. Some may argue that it should be trading higher given some slightly better news out of French politics, ING's FX analyst Chris Turner notes.

EUR/CHF is trading at sub-0.93, which is quite rare. Some may argue that it should be trading higher given some slightly better news out of French politics, ING's FX analyst Chris Turner notes.

EUR/CHF to hang around this 0.92/93 area for now

"However, it is probably the eurozone macro story which is playing out here. Hard eurozone data has been coming in on the soft side in recent months. This has seen a re-pricing of short-dated EUR swap rates, off around 10bp since their late September highs."

"Swiss rates are priced with a 'zero bound constraint' in mind. Even though the Swiss National Bank does not rule it out, it clearly does not want to take rates negative again. This is firming up the view that the SNB's hands are tied and leaves EUR/CHF offered."

"We expect EUR/CHF to hang around this 0.92/93 area until there is some positive reappraisal of eurozone growth prospects, which may not happen until next year."

FXStreet
Trade The World
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut