Kevin Wong, an analyst at Oanda, stated in a report on December 3rd that if the yield spread between French and German 10-year sovereign bonds continues to widen amidst political turmoil in France, the Swiss franc may strengthen. Since the second round of parliamentary elections in France on July 7th, the yield spread between French and German bonds has been expanding. The French government is currently facing a vote of no confidence this Wednesday due to budget disputes, which could further widen the yield spread. If the euro falls below the support level of 0.9255 against the Swiss franc, it will hit multi-year lows.
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Analist: Eğer Fransa-Almanya tahvil faiz makası daha da genişlerse, İsviçre frangı yükselebilir.
Kevin Wong, an analyst at Oanda, stated in a report on December 3rd that if the yield spread between French and German 10-year sovereign bonds continues to widen amidst political turmoil in France, the Swiss franc may strengthen. Since the second round of parliamentary elections in France on July 7th, the yield spread between French and German bonds has been expanding. The French government is currently facing a vote of no confidence this Wednesday due to budget disputes, which could further widen the yield spread. If the euro falls below the support level of 0.9255 against the Swiss franc, it will hit multi-year lows.