Franc: fooled. Forecast as of 22.09.2023

The reluctance of the Swiss National Bank to raise rates in September is not the only reason for the USDCHF rally. The Fed does not predict a recession, and the franc, as a safe haven asset, suffers from this. Let's discuss this topic and make up a trading plan.

Weekly Swiss franc fundamental forecast

Back at the end of July, the franc was confidently leading the G10 list, strengthening against the US dollar by more than 7%. CHF is still the first, but the advantage has been reduced to 2%. It is impossible to say for sure that for the first time since… Read full author’s opinion and review in blog of #LiteFinance