The Swiss Franc's relentless rally against the Dollar will come to an end at the same time as the Euro-Dollar rate turns lower although when USD/CHF does reverse higher it could possibly be at the instigation of the Swiss National Bank (SNB).
Read more: Swiss Franc to Fade Alongside Euro-Dollar Rally Or Risk SNB Ire and Intervention
The Swiss franc is being tipped to advance against the Euro over the course of the week commencing April 20 according to strategists at Goldman Sachs.
Read more: Swiss Franc Appreciation Not Done says Wall Street Investment Bank
The Swiss Franc is forecast to extend higher against the Euro and U.S. Dollar by analysts at private Swiss bank J. Safra Sarasin who have this week announced they are updating their Franc forecasts.
Read more: Swiss Franc "to push higher vs EUR and USD" says Leading Swiss Private Bank
Global stock markets and 'risk on' currencies such as the Australian Dollar and South African Rand are recovering while those financial assets that do well in times of market anxiety - such as the Yen, Swiss franc and Gold - are on the way down.
Read more: Why Markets are Losing their Fear of Coronavirus
The Swiss Franc is being touted as being the ultimate safe haven in the current virus-driven market sell-off which suggests further upside is likely if anxieties continue.
Read more: Swiss Franc "Seen as the Ultimate Safe Haven" Amidst Coronavirus Scare, but is Becoming...