HSBC analysts on the Swiss franc, forecasting a rise for EUR/.CHF to 0.95 by end-2025:
Swissy’s recent price action shows a disconnect with interest-rate differentialsHSBC don’t expect this to persistIncreased political and geopolitical tensions have been a more dominant driver for the franc – it strengthens as a safe-haven “Our conviction is that the SNB’s policy direction will eventually hold greater sway on the currency than risk sentiment.”
This article was written by Eamonn Sheridan at www.forexlive.com.
