HSBC has projected that the EUR/CHF exchange rate will rise to 0.95 by the end of 2025. In the meantime, the EUR/CHF is currently approaching the level of 0.9330, with expectations of either a breakout or a rebound from this point. Analysts from JPMorgan and Pictet are also anticipating further gains for the Swiss franc, diverging from the broader consensus. Market participants are advised to monitor the upcoming meetings of the European Central Bank (ECB) and the Swiss National Bank (SNB), scheduled for Thursday, which could influence currency movements.
Three things to watch the ECB and Swiss central bank meet Thursday https://t.co/bSE7dY7H5V
JPMorgan, Pictet defy consensus to bet on more Swiss franc gains https://t.co/fO2bjZBHms https://t.co/U9LK4YisRU
EURCHF is approaching 0.9330. We expect either a breakout through this line, or a rebound. Tell me more https://t.co/or4JIXwLNL 64% of retail CFD accounts lose money. https://t.co/kPaC92hNDc https://t.co/r5xCF42wuU