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USD/CHF headed to parity?- Westpac

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at Westpac offered their position in the swissy and outlook.

    Key Quotes:

    "We remain long USD/CHF, the position opened mid-Feb at 0.9945 (stop at 0.9840).

    Suspect it won't be long before USD/CHF re-takes parity, sharply lower global risk premia and pressure on the SNB to at least match the ECB when they next meet 17 March giving at least two reasons to fade USD/CHF weakness."
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