top of page

💶🔺EUR/CHF Posts Longest Winning Streak Since 2022: Cable FX Macro

Writer's picture: Rosbel DuránRosbel Durán
  • Euro-Swiss franc is up 0.2% on the day to 0.9906, the 8th consecutive session of gains is the longest winning streak since October 2022

  • Despite the rise, the options market does not seem to engage in further topside. 1w risk reversals continue to favour the franc marginally

  • Analysts noted the higher than estimated U.K. CPI as a reason for funds to engage in CHF shorts against GBP, the offers drove EUR/CHF and USD/CHF higher



0 comments

Comments


© 2024

CableFXWHITEdropshadow.png
  • Twitter - White Circle

Investing and trading involve risk. This includes the possible loss of principal and fluctuations in value. There is no assurance that objectives will be met. Do not risk capital that you cannot afford to lose.  

bottom of page