From now on we Elev8
We're more than just a broker. We're an all-in-one trading ecosystem—everything you need to analyse, trade, and grow is in one place. Ready to elevate your trading?
Trading news
27 Sep 2017
EUR/CHF to trend higher towards 1.20 over the coming year - Nomura
Nomura’s FX Strategists offer their thoughts on the EUR/CHF price-outlook over the coming year.
Key Quotes:
"Our ETF trackers suggest fewer euro area equities have been purchased since July. The North Korea risk premium in G10 FX could have been a contributing factor. But with the global growth backdrop and positive inflation surprises in the pipeline, we continue to expect EUR/CHF to perform and see an increasing likelihood of 1.20 over the next year.”
"We expect the equity outflows to continue to dominate the price action and expect EUR/CHF to continue its trend higher towards 1.20 over the coming year."