FX | Global
G10 FX Weekly: EUR/CHF Is a Buy-on-Dips, Is Parity Possible?
Richard Jones
Summary Long EUR/CHF was one of our strongest conviction trades in Q1 2024. The pair topped out earlier this month, but pullbacks have been shallow and short-lived. We think the Swiss National Bank could sell CHF during its easing cycle, while the BEER valuation for EUR/CHF sees the pair as 8.5% undervalued. Both factors would […]