Nomura FX Strategy Research continues to expect that the EUR/CHF to make and see an increase in the probability of 1.20 over the next year.
«Our trackers ETF suggest less of the euro zone, the shares have been
purchased since the month of July. The North Korea of the risk premium in G10 FX could have
been a contributing factor. But with the global growth backdrop and
a positive inflation surprises in the pipeline, we continue to expect
EUR/CHF to make and see an increase in the probability of 1.20 during the
expected outputs from investments to continue to dominate the price action and the
expect EUR/CHF to continue its upward trend towards 1.20 on the
coming year,» Nomura argues.