- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- SNB: Three scenarios and its implications for EUR/CHF – Credit Suisse
SNB: Three scenarios and its implications for EUR/CHF – Credit Suisse
Economists at Credit Suisse discuss the Swiss National Bank (SNB) interest rate decision and its implications for the EUR/CHF pair.
Very hawkish to hawkish
“The SNB hikes 75 bps or 50 bps, hints at further rate increases and leaves its conditional long-term inflation forecast unchanged at 2% or even revises it upwards. We assign a combined 60% probability to this scenario, 10% to the very hawkish and 50% to the hawkish setup. In both cases, EUR/CHF should trend lower towards our 0.9500 year-end target, especially should the central bank still revise its long-term inflation forecast upwards.”
Neutral
“The central bank hikes 50 bps but revises its conditional long-term inflation forecast lower. This scenario should have a neutral impact on EUR/CHF and has a 20% probability. In this case, we expect EUR/CHF to stay within a range of 0.9600-1.0100 for the near term, with the ECB and SNB rate decisions out of the way.”
Dovish
“The SNB hikes 25 bps, well below market expectations, and revises its long-term inflation forecast lower. This setup would be univocally bearish for the CHF, and we assign a 20% probability to it. In this scenario, we would expect the Franc to weaken significantly and can imagine a new EUR/CHF level of 1.0200 and even 1.0400, respectively, for Q1 2023.”
See – SNB Preview: Forecasts from five major banks, new tightening to come
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
