EUR/CHF is simply listed below 0.9600 after the release of Swiss inflation information. Economic experts at ING evaluate the set's outlook.
Continuous disinflation continues to recommend the brand-new SNB President might remain clear of more CHF-supporting steps
Switzerland has actually simply released February CPI figures, which can be found in somewhat hotter than anticipated. Heading inflation slowed from 1.3% to 1.2% and core from 1.2% to 1.1%, in line with agreement.
In spite of the smaller-than-expected decrease, continuous disinflation continues to recommend the brand-new SNB President (Jordan revealed his resignation recently) might remain clear of more CHF-supporting procedures.
EUR/CHF has actually had a strong run recently, however we had actually targeted a relocate to 0.9600 by the spring and do not see a bearish turnaround on the horizon.
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