USD/CHF to end the year lower at 0.90 – ANZ

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

Mar 31, 2023

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