**EUR/CHF Market Sentiment Shifts: What Forex Traders Should Know**

Analysts at Citi indicate that market sentiment surrounding the EUR/CHF currency pair is undergoing notable changes, largely influenced by recent fiscal measures in Germany. These developments have led to a partial reconnection between the EUR/CHF exchange rate and interest rate differentials, but analysts caution that these factors may now already be priced in.

A significant focus for traders will be the European Central Bank’s (ECB) persistently dovish stance, which could be further underscored if adverse developments regarding tariffs occur as the April 2 deadline approaches. This situation could expand the ECB’s dovish premium, potentially exerting downward pressure on the EUR/CHF exchange rate.

Additionally, market participants should prepare for the upcoming Swiss National Bank (SNB) meeting scheduled for later this week. Analysts do not expect the meeting to lead to a significant weakening of the Swiss Franc. As per Citi’s analysis, the SNB’s options are limited; it may either consider a hawkish interest rate cut, a signal of policy pause, or maintain existing rates, which could stabilize the Franc in the short term.

Moreover, Citi highlights a potentially inflated market sentiment regarding a peace plan for Ukraine, suggesting that considerable optimism is already accounted for in the market price. Given these dynamics, Citi analysts recommend that forex traders exercise caution, as the recent rally in the EUR/CHF exchange rate might have reached its peak.

Traders should stay alert to further developments from both the ECB and SNB that could influence market trends, particularly in light of the upcoming April tariff deadline. Understanding these nuances could provide crucial insights for navigating the EUR/CHF pair in the volatile forex market.

EUR/USD Faces Pressure from Trade Tariff Fears and German Political Dynamics, ING Reports
BofA Anticipates Rise in AUD/NZD Due to Diverging Rate Outlooks

Pick Your Challenge

Step into your trading arena—choose your challenge and unlock the door to unparalleled trading opportunities!

Products

Pricing that fits your trading needs

Choose from our challenges below:

  • Virtual Profit Share: 90% 
  • Virtual Profit Target Phase 1: 8% – Phase 2: 5%
  • Daily Loss Limit: 5%
  • Virtual Leverage: 100:1 
  • Virtual Max Drawdown: 10%
  • Hold & Trade Through The Weekend

  • No Time Limits

  • $0 Commissions on Trades

  • Challenge Fees Refunded

  • Product Offered: FX, Indices, Commodities & Metals

$10,000

STARTER

CHALLENGE FEE: $89

$25,000

ADVANCED

CHALLENGE FEE: $199

$50,000

PROFESSIONAL

CHALLENGE FEE: $299

$100,000

ELITE

CHALLENGE FEE: $499

$200,000

PREMIER

CHALLENGE FEE: $989

Additional A.I Tools are included on all $50K, $100K and $200K challenges

  • Virtual Profit Share: 90% 
  • Virtual Profit Target Phase 1: 10% – Phase 2: 5%
  • Daily Loss Limit: 5%
  • Virtual Leverage: 100:1
  • Virtual Max Drawdown: 10%
  • Hold & Trade Through The Weekend

  • No Time Limits
  • $0 Commissions on Trades
  • Challenge Fees Refunded
  • Product Offered: FX, Indices, Commodities & Metals

Your Targets:

Step 1

To pass step 1 of the challenge, follow the risk management rules and achieve the required targets using the trading style of your choice.

  • Profit Target: 8%
  • Daily Loss Limit: 5%
  • Max Drawdown: 10%
  • Leverage: 1:100
  • Hold & Trade Through the Weekend
  • Trade Through News
  • No Time Limits
  • Minimum Trading Days: 5

Step 2

To pass step 2 of the challenge, continue to follow the risk management rules and achieve the required targets using the trading style of your choice.

  • Profit Target: 5%
  • Daily Loss Limit: 5%
  • Max Drawdown: 10%
  • Leverage: 1:100
  • Hold & Trade Through the Weekend
  • Trade Through News
  • No Time Limits
  • Minimum Trading Days: 5

Get Paid

Congratulations! You have passed challenge 1 and 2 and are now trading a Profit Share prop account. Get paid your profits on a regular basis.

  • Your Profit Share: 90%
  • Profit Target: None
  • Daily Loss Limit: 4%
  • Max Drawdown: 7%
  • Leverage: 1:100
  • Hold & Trade Through the Weekend
  • Trade Through News
  • No Time Limits
  • Minimum Trading Days: 5
  • Fees refunded on first pay out