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NEWS: EUR/CHF: More consolidation first but year-end target at 1.12 – Credit Agricole May 18, 2021 at 08:04PM


EUR/CHF strategy
Credit Agricole CIB Research discusses EUR/CHF outlook and
"The CHF has been consolidating for most of the past few weeks with
crosses such as EUR/CHF trading broadly range-bound. This is unlikely to
change anytime soon with balanced speculative positioning pointing
towards low position squaring-related risks and as there is little scope
for changing policy

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