EURCHF: Local Yields and FX Hedged Returns
Fundamentals:
Local yields are rising and FX-hedged returns in the US are turning negative. Because of this, long-term debt outflows of the Eurozone will reverse into inflows. Banks expect this trend to continue for the next couple of years, given interest rate forecasts. Euro is expected to outperform its regional peers. As capital repatriates into Europe, EUR will rise relative to CHF, rising toward parity.
Technicals:
EURCHF diverged on the MACD Histo and RSI
Daily DQ@ 0.9751
Two engulfing bullsih candlesticks @ support
Morning star after a brief pb.
Risk 0.05%
Local yields are rising and FX-hedged returns in the US are turning negative. Because of this, long-term debt outflows of the Eurozone will reverse into inflows. Banks expect this trend to continue for the next couple of years, given interest rate forecasts. Euro is expected to outperform its regional peers. As capital repatriates into Europe, EUR will rise relative to CHF, rising toward parity.
Technicals:
EURCHF diverged on the MACD Histo and RSI
Daily DQ@ 0.9751
Two engulfing bullsih candlesticks @ support
Morning star after a brief pb.
Risk 0.05%
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.