RSS Franc Goes All In. Forecast as of 13.12.2024

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 RSS Franc Goes All In. Forecast as of 13.12.2024

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The Swiss National Bank has cut the key rate by 50 basis points, aiming to accelerate inflation and weaken the franc. Will it reach the goals? Let’s discuss it and make a trading plan for EURCHF and USDCHF. Major Takeaways The Swiss National Bank has cut the rate from 1% to 0.5%. The SNB's resources in fighting against inflation are almost exhausted. Political risks in Europe will continue to strengthen the franc. EURCHF risks falling to 0.92, and USDCHF - rising to 0.915. Monthly Fundamental Forecast for Franc New lords, new laws. While the previous head of the Swiss National... Read full author’s opinion and review in blog of #LiteFinance
 
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