Deutsche Bank sees growth potential for the euro / franc
Euro / Dollar holds auctions within a fairly narrow range. Nevertheless, Deutsche Bank staff maintain a positive attitude with respect to the pair and recommend to open long positions. They believe that a possible strengthening of the euro / franc at the same time contribute to two factors: support from the Swiss National Bank, who announced his intention to keep the rate near the mark Chf1.20, as well as the likely easing of the crisis in the euro area in the near future. The current euro / franc Chf1.2059.
Euro / Dollar holds auctions within a fairly narrow range. Nevertheless, Deutsche Bank staff maintain a positive attitude with respect to the pair and recommend to open long positions. They believe that a possible strengthening of the euro / franc at the same time contribute to two factors: support from the Swiss National Bank, who announced his intention to keep the rate near the mark Chf1.20, as well as the likely easing of the crisis in the euro area in the near future. The current euro / franc Chf1.2059.