Franc takes growth vitamin. Forecast as of 03.05.2023
Being encouraged by an upcoming economic recession in the USA, the USDCHF bears go ahead. Despite the slow pace of the SNB monetary tightening, the franc is stable.
Monthly Swiss franc fundamental forecast
Haste makes waste. Although the SNB’s monetary tightening is far less aggressive than other regulators, the CHF could outperform the GBP and be the G10 top performer. The sterling is supported by the undervalued potential of the UK economic expansion. The USDCHF bears are encouraged by the expected US economic recession. Franc looks more attractive as a safe haven than the US dollar or the Japanese yen.... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/4118lpM
