Understanding the strength of CHF: BoA Securities analysis
Key Takeaways: πͺ Consensus trade expected Swiss Franc weakness π USD/CHF 0.1% higher, up 1.3% YTD π Year has seen significant FX weakness in H1, recovery in H2 π¨π Switzerland has factors for FX weakness, but CHF not weakening as expected π Below expected Swiss CPI inflation in August, stable on monthly basis π Swiss … Read more