Franc is too expensive for Central Bank. Forecast as of 23.08.2023

The franc is one of the best-performing currencies in Forex in 2023, thanks to rate hikes and SNB FX interventions. However, can this continue indefinitely? Let us discuss the Forex outlook and make up a USDCHF trading plan.

Weekly Swiss franc fundamental forecast

How quickly the Forex environment changes! A few months ago, investors were seriously frightened by the approaching recession in the US and were selling off the dollar amid expectations of a Fed dovish shift. Everything changed at the end of the summer. Investors bet on a soft landing for the US economy, and the greenback is popular again. The… Read full author’s opinion and review in blog of #LiteFinance