Economists at ANZ Bank expect the Swiss Franc to recover and forecast the USD/CHF pair at 0.90 by the end of the year.
Potential to recover after the dust settles
“While the Swiss Franc has struggled in recent weeks, sound domestic fundamentals and a hawkish, activist central bank affords the currency the potential to recover after the dust settles.”
“We see the USD/CHF pair moving to 0.90 by the end of 2023.”
See: Franc is a “safe haven,” but not a perfect one – Commerzbank
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