Franc went too far. Forecast as of 23.01.2024

Last year's clear leader, the franc, risks becoming an outsider in 2024. It has lost the central bank's support, which creates serious difficulties for the USDCHF bears. Let's discuss this topic and make up a trading plan.

Weekly Swiss franc fundamental forecast

The Swiss franc was the best G10 performer in 2023 thanks to expectations of a US recession in the first half of the year, the Fed's dovish reversal at the end of the year, and the National Bank's relentless support. The SNB, unable to aggressively raise rates, made the Swissy its main tool in the fight against high inflation. When… Read full author’s opinion and review in blog of #LiteFinance