Worse than -27.5 in October
EUR/CHF trading firmer today, up at 1.3480 from early 1.3440, underpinned by generally better risk appetite. The poor investor sentiment won’t have helped swissy’s cause either.
Just been reading some Barclays Capital thoughts on the cross. Always interested to hear what BarCap have to say. They feel cross will range trade between 1.32-1.36, and their bias is to sell rallies within these parameters.
