The SNB will remain very sensitive about the relative position of the CHF and, therefore, economists at Rabobank expect the Swiss National Bank to intervene using QE. The EUR/CHF pair is set to trade at 1.07 by end-2020. Key quotes “Our expectation is that risk appetite could decline into Q4 suggests scope for the safe-haven CHF to appreciate and for continued intervention by the SNB in the FX market.” “Looking ahead, we see scope for some of the optimism that buoyed the EUR this summer to fade amid fears about a second wave of COVID-19 in European and given concerns about a delay to the EU’s recovery fund.” “Irrespective of the threat of further SNB FX intervention, we see the potential for a drop in risk appetite suggests scope for EUR/CHF to edge lower to 1.07 by the end of the year.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD to test 1.28 without commitment to enter the final phase of Brexit talks – OCBC FX Street 2 years The SNB will remain very sensitive about the relative position of the CHF and, therefore, economists at Rabobank expect the Swiss National Bank to intervene using QE. The EUR/CHF pair is set to trade at 1.07 by end-2020. Key quotes “Our expectation is that risk appetite could decline into Q4 suggests scope for the safe-haven CHF to appreciate and for continued intervention by the SNB in the FX market.” “Looking ahead, we see scope for some of the optimism that buoyed the EUR this summer to fade amid fears about a second wave of COVID-19 in European and given concerns… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
