EURCHF: Local Yields and FX Hedged Returns

Fundamentals:
Local yields are rising and FX-hedged returns in the US are turning negative. Because of this, long-term debt outflows of the Eurozone will reverse into inflows. Banks expect this trend to continue for the next couple of years, given interest rate forecasts. Euro is expected to outperform its regional peers. As capital repatriates into Europe, EUR will rise relative to CHF, rising toward parity.

Technicals:
EURCHF diverged on the MACD Histo and RSI
Daily DQ@ 0.9751
Two engulfing bullsih candlesticks @ support
Morning star after a brief pb.
Risk 0.05%
Chart PatternsFundamental AnalysisTrend Analysis

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