EURCHF 16th MAY 2022

١٥ مايو ٢٠٢٢

While the franc is indicated even weaker than that level on valuation modeling, that 1.08-1.09 band against the euro may acknowledge some of the legitimate pressure for the franc to strengthen amid the war. So it would still be a compromise for the SNB, but a level where it would be far more comfortable with.