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EUR/CHF: Further downside towards the 1.0050 mark – Credit Suisse

Economists at Credit Suisse remain bullish on the Swiss franc and reaffirm their 1.0050 EUR/CHF target.

Peripheral spread widening sends a warning signal to the ECB

“A neutral SNB, fading ECB hawkishness, wider euro area peripheral spreads and geopolitical risks should weigh on EUR/CHF.”

“We continue to believe that the currency pair has further downside potential despite the recent spike higher and stick to our 1.0050 target.”

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FXStreet Insights Team

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

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