Franc might be in trouble. Forecast as of 21.06.2023

Does it matter how much the SNB raises rates in June if recession risks in the US economy are down? The expected recession in the US used to support the USDCHF bears. How has the situation changed now? Let us discuss the Forex outlook and make up a trading plan.

Weekly Swiss franc fundamental forecast

Haste makes waste. Although the Swiss National Bank has raised its main interest rate by 225 basis points since the beginning of the monetary policy tightening cycle, and not by 400 basis points like the ECB or 500 basis points like the Fed, the franc… Read full author’s opinion and review in blog of #LiteFinance