Bullish
EUR/CHF rises to 0.9350 as low volatility boosts franc-funded carry trades.
In the past 24 hours, EUR/CHF has climbed to 0.9350, driven by subdued market volatility that has revitalized franc-funded carry trades. Analysts suggest this trend could push the pair toward the 0.9400 level in the near term.
Key points
- Low market volatility revives franc-funded carry trades, supporting EUR/CHF rise.
- SNB Governor Tschudin warns AI could increase inflation, monitoring for potential policy shifts.
- ECB's Consumer Expectations Survey indicates persistent inflation expectations, influencing policy outlook.
Sources
AI-generated from public news sources. Not financial advice.
