Free Trial

EUR/CHF Shows Below 1.05 For First Time Since 2015

CHF
  • Bloomberg shows EUR/CHF prices showing through the 1.05 handle, with 1.0498 the quoted low. This marks the lowest level for the cross since 2015, but the slippage is swiftly reversed, which will continue to raise speculation that the SNB could be attempting to decelerate any decline.
  • Any further show below the handle opens losses toward 1.0413, the 24th July 2015 low ahead of 1.0358.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.