Swissie likely to return to strength

- By FX Markets Staff
- @FXMarkets_
- 18 Jul 2005

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Given the underlying demand for yield and only a limited demand for safe-haven assets, the Swiss franc should stay soft. Also, anecdotal evidence suggests that Swiss investors are buying foreign assets. Euro/Swiss franc seems prepared to trade in a higher range for now, and we would not exclude a break higher still, one delaying the long-term trend for a strengthening Swiss franc.

Swiss economic news has been rather uninspiring. Recently, UBS downgraded its GDP forecasts for 2005 and 2006 to 1.2%

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com