Morgan Stanley Expects Swiss Franc to Strengthen Versus Euro -- Market Talk
Dow Jones
Feb 09
1446 GMT - Morgan Stanley expects the Swiss franc to strengthen against the euro, targeting a level of 0.8700, its strategists say in a note. The euro-Swiss franc pair is hovering around 0.92, supported by investor concerns about intervention by the Swiss National Bank, they say. "We think that SNB level defense risk is overstated," the strategists say. They say they think the purchasing power parity dynamics point to a lower euro-Swiss franc exchange rate. The euro falls 0.2% to 0.9143 Swiss franc, according to LSEG. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 09, 2026 09:46 ET (14:46 GMT)
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