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瑞银分析师:瑞郎兑欧元料将转跌
UBSUBS(US:UBS) news flash·2025-07-31 14:01

Core Viewpoint - UBS analysts predict that the Swiss franc (CHF) will likely depreciate against the euro (EUR) due to investors seeking more favorable yields in the eurozone and an improved growth outlook for next year [1] Group 1: Economic Factors - Investors are shifting towards the eurozone for better yields, which is expected to put downward pressure on the Swiss franc [1] - The European Central Bank's cautious stance on interest rate cuts during its recent meeting supports the view that the CHF's strength will be limited by favorable interest rate differentials for the euro [1] Group 2: Trade Relations - There is limited news regarding a potential trade agreement between the US and Switzerland, but any progress in this area would be significant for the Swiss franc [1] Group 3: Forecast - UBS forecasts that the EUR/CHF exchange rate will reach 0.94 by the end of the year [1]