The EUR/CHF price pulled back after the relatively stronger-than-expected Swiss consumer price index (CPI) data. It retreated to a low of 0.9925 as investors placed bets that the Swiss National Bank (...
Tag: EURCHF
Is it safe to buy EUR/CHF after plummeting 400 pips points on SNB’s hawkishness?
June ends this week, and it brought several surprises to currency traders. One of them, perhaps the most unexpected, was the Swiss National Bank (SNB) hiking the interest rate by 50bp. Before going in...
Should you buy or sell the EUR/CHF a it moves to parity?
The Swiss franc has been in a strong demand lately as demand for safe-havens rise. The EUR/CHF pair has crashed to the lowest level since 2015 and is at parity. On the other hand, the USD/CHF pair has...
Here’s what a Russian invasion of Ukraine would mean for markets
Fears of a Russian invasion of Ukraine are on the rise, prompting analysts and traders to weigh the potential financial-market shock waves. “If Russia invades Ukraine, the trade is buy TY,” wrote Bren...