Category: EURCHF
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UBS sees EUR/CHF slipping amid rate cuts By Investing.com
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UBS revised its forecast for the currency pair down slightly to 0.93 in the second half of 2024. The soft landing of the global economy has been good for the euro, but disappointing growth prospects in Europe have limited the pair’s advance. After recovering from a low of 0.92 in…
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UBS lowers EUR/CHF target to 0.96 amid expected ECB rate cuts By Investing.com
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UBS has revised its forecasts for the currency pair, indicating a bearish outlook in the short term. The financial services company revised its March 2022 target for the euro to Swiss franc exchange rate to 0.96, down from the previous 0.97. In addition, UBS presented a new forecast for June…