Swiss Franc Could Drop Towards Parity Versus Euro After Stellar 2023

The Swiss franc was the best-performing G10 currency in 2023 but is now on a downward trend and likely to weaken further, SocGen Research said, expecting the EUR/CHF to break above parity this summer.

The Swiss franc was the best-performing G10 currency in 2023 but is now on a downward trend and likely to weaken further, SocGen Research said, expecting the EUR/CHF to break above parity this summer.