LONDON, Sept 8 (Reuters) – Goldman Sachs recommends investors short the euro against the Swiss franc following the European Central Bank's record rate increase as they think it likely the Swiss National Bank will want to take action to arrest the franc's depreciation.
In a note published on Thursday, Goldman Sachs said they recommend a short EUR/CHF trade, targeting 0.955 on a tactical horizon, with a stop at 0.985.
One euro was worth 0.9668 Swiss francs on Thursday.
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The Mexican peso could close 2023 at 19.00 vs the U.S. dollar, Barclays analysts said on Friday, citing well-financed public accounts, appropriate actions taken by the country's central bank and benefits from nearshoring.
Valentine Hilaire
Tunisia will soon enact difficult economic reforms that have been delayed for years, the central bank governor said on Saturday, adding that financial authorities were trying to keep the dinar currency stable.
The Mexican peso could close 2023 at 19.00 vs the U.S. dollar, Barclays analysts said on Friday, citing well-financed public accounts, appropriate actions taken by the country's central bank and benefits from nearshoring.
Valentine Hilaire
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