Deutsche Bank predicts growth in the euro against the franc

Euro / Franc and failed to break above if Offered around Chf1.5195, and now he is held around Chf1.5168, demonstrating a willingness to adjust lower. Deutsche Bank currency strategist noted that in the near future such attempts seems likely, however, advised to use them for opening long positions in the pair. The bank believed that the improved prospects for world economic growth paves the way for the next stage of growth in demand for higher-yielding currencies, which would be a bad thing for the franc, while still tough position SNB said in favor of selling the latter to the calculation of the euro / franc Chf1 .5650 by the end of this year.