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Goldman recommends merchants brief the euro versus Swiss franc after ECB charge hike By Reuters


Goldman recommends traders short the euro versus Swiss franc after ECB rate hike
© Reuters. FILE PHOTO: A projection exhibits a 100 franc banknote in a window in Zurich, Switzerland December 16, 2021. REUTERS/Arnd Wiegmann

LONDON (Reuters) – Goldman Sachs (NYSE:) recommends traders brief the euro in opposition to the Swiss franc following the European Central Financial institution’s document charge improve as they suppose it seemingly the Swiss Nationwide Financial institution will need to take motion to arrest the franc’s depreciation.

In a be aware revealed on Thursday, Goldman Sachs mentioned they advocate a brief commerce, concentrating on 0.955 on a tactical horizon, with a cease at 0.985.

One euro was value 0.9668 Swiss francs on Thursday.



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