Franc took advantage of the situation. Forecast as of 17.07.2023

The USDCHF's fall to the lowest levels since 2015 made the market remember the time when the SNB decided to abandon the franc/euro peg, and the Swissie surprised everyone. It is doing it again but for another reason. Let's discuss it and make a trading plan.

Monthly fundamental forecast for franc

Low-profit assets benefited the most from the USD depreciation amid US inflationary slowdown. Gold and the yen grew rapidly, and the USDCHF reached its lowest since early 2015 when the Swiss Bank scrapped its currency peg of 1.2 to the euro. Back then, the Swissie was the best performer… Read full author’s opinion and review in blog of #LiteFinance