Barclays forecasts EURCHF trading around parity for the next few quarters

Summary:
This is via the folks at eFX. For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for per month and premium at 9 per month. Get it here. Barclays Research discusses CHF outlook and targets EUR/CHF around 0.97, 0.97, 0.98, and 1.00 by end of Q1, Q2, Q3, and Q4 of next year respectively. “We expect CHF to remain at the higher end of its historical range, with EURCHF trading around parity for the next few quarters. CHF remains an effective risk and inflation hedge in a slow growth/high inflation environment for European economies. In addition, large inflation differentials versus trading partners require offsetting nominal CHF appreciation. A faster China reopening, and an earlier-than-expected resolution of the

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