Commerzbank AGCBK
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Commerzbank's Pfister forecasts EUR/CHF franc weakness slowing near 0.95; a research view, not a company-specific financial event
Commerzbank's Michael Pfister says the Swiss Franc has weakened notably since July, with EUR/CHF approaching 0.95 as markets price more European Central Bank tightening than from the Swiss National Bank. Pfister expects that Franc weakness to slow near the 0.95 level against the Euro.
Commerzbank AGCommerzbank's Pfister forecasts EUR/CHF franc weakness slowing near 0.95; a research view, not a company-specific financial event
Swiss franc weakened notably since July as markets price more ECB tightening than SNB action
Markets price more ECB tightening than SNB, supporting the euro versus the dollar backdrop