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TDUX
Oct 30 - 01:55 PM
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EUR/CHF - Down 3% In October, To 17-Week Low

By Robert Howard  —  Oct 30 - 11:53 AM

• EUR/CHF has fallen 3% since scaling a 17-month peak near 0.95 on Sept 30

• 0.9185 marks the EBS 17-week low for EUR/CHF today (Oct 30)

• French fiscal concerns have rattled the euro since Oct 1

• 10-year French-German bond yield spread hit 15-year high in October

• SNB made 11.6 billion franc profit from its foreign currency positions in Q3

• Swiss Oct inflation data due Tuesday (Nov 3); CPI forecast at 1.3%

EURCHF


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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