💱US Dollar/Swiss Franc FX Spot Rate
USDCHF
▼ NegativeMonetaryrelevance
Safe-haven demand driven by Eurozone fiscal tensions keeps the Swiss Franc firm.
Rabobank expects the EUR/CHF pair to remain close to the 0.93 area in the coming weeks, according to its latest outlook. The bank attributes the firm Swiss Franc to continued safe-haven demand driven by Eurozone fiscal tensions. The forecast keeps the cross near current levels rather than projecting a sharp move in either direction.
Safe-haven demand driven by Eurozone fiscal tensions keeps the Swiss Franc firm.
Eurozone fiscal tensions weigh on the euro versus the safe-haven franc, implying EUR softness.