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Chinese Yuan to Swiss Franc (CNY/CHF) Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: October 16, 2024 (1:49)
Reverse forecast: CHF to CNY
Yuan / Franc price online today
| Now | Tomorrow | 7 Days | 30 Days | |
|---|---|---|---|---|
| 100 Yuan (CNY) to Franc (CHF) | 12.1 | 12.2 | 12.3 | |
| 200 Yuan (CNY) to Franc (CHF) | 24.2 | 24.4 | 24.6 | |
| 500 Yuan (CNY) to Franc (CHF) | 60.4 | 61 | 61.6 | |
| 1000 Yuan (CNY) to Franc (CHF) | 120.8 | 122 | 123.2 | |
| 3000 Yuan (CNY) to Franc (CHF) | 362.5 | 365.9 | 369.5 |
How much will the CNY/CHF currency pair cost in 2024, 2025 and 2026? What is the forecast for the CNY/CHF currency pair? What is the target price of the Yuan / Franc currency pair for 2024-2026?
We continuously scrutinize the key events in the news flow to assist you in tackling the essential question: Will the Yuan rise or fall against the Franc?
Identifying the trend of the CNY/CHF currency pair
The recent developments highlight potential fluctuations in the CNYCHF exchange rate driven by strategic moves in investment and corporate asset sales. The expansion of Hong Kong's investment landscape through increased utilization of Chinese government bonds as collateral is poised to enhance the demand and stabilize the yuan's exchange rate. Given the bullish sentiment for the yuan, foreign investors are expected to perceive these adjustments as positive, bolstering cross-border transactions and the yuan’s strength in international portfolios.
Conversely, the asset sale by Phillips 66, although substantial, at 1.06 billion Swiss francs is met with a neutral market sentiment. This suggests a well-anticipated transaction with limited impact on the Swiss franc's valuation. The transaction might momentarily affect supply due to increased franc usage but lacks lasting influence on the currency's exchange rate.
Together, these financial maneuvers could incrementally favor the yuan over the Swiss franc in the near-term scenarios, although the broader market anticipates stable relations without dramatic shifts. Investors should monitor the CNY-CHF dynamics closely as these maneuvers unfold and adjust their portfolios accordingly.
CNY Trend Prediction
As of now, Panda has analyzed 16 news pieces concerning the CNY currency. The average relevance score for these news items is 0.24 (with the closer to 1 being more relevant).|
2024-10-15
|
Bullish | Impact: 0.44 | News: 1 (1/0/0) |
|
2024-10-07
|
Bullish | Impact: 0.03 | News: 2 (1/0/1) |
|
2024-09-25
|
Neutral | Impact: 0.13 | News: 3 (1/2/0) |
|
2024-09-23
|
Neutral | Impact: -0.05 | News: 1 (0/1/0) |
|
2024-09-19
|
Neutral | Impact: 0.13 | News: 2 (0/2/0) |
|
2024-09-16
|
Neutral | Impact: -0.02 | News: 4 (0/3/1) |
|
2024-09-08
|
Neutral | Impact: 0.12 | News: 1 (0/1/0) |
Hong Kong Aims to Boost Capital Inflows Through Increased Yuan Utilization in Investments
October 15, 2024 (10:30)
Trend: Bullish
Influence: 0.44
The news suggests that Hong Kong is enhancing foreign investment opportunities by allowing the use of Chinese government bonds as collateral, which is expected to increase demand for the yuan. As a result, the ease of cross-border transactions and the yuan's role in international investments is likely to strengthen the currency's exchange rate, leading to a bullish sentiment for CNY.
Crypto Adoption Expected to Reach 8% by 2025, Reports Suggest
October 7, 2024 (14:05)
Trend: Somewhat-Bearish
Influence: -0.21
The growing institutional interest in cryptocurrencies and prevalent economic uncertainties are prompting a shift towards digital assets, affecting traditional currencies like the CNY. This transition is perceived as a potential threat to the stability of CNY, leading to a somewhat bearish outlook on its exchange rate.
CHF Trend Forecasting
Regarding the CHF currency, 4 news pieces were analyzed. The average relevance of these news items is 0.17 (the closer to 1, the higher).|
2024-10-15
|
Neutral | Impact: Na | News: 1 (0/1/0) |
|
2024-09-25
|
Neutral | Impact: 0.12 | News: 1 (0/1/0) |
|
2024-09-12
|
Bullish | Impact: 0.22 | News: 1 (1/0/0) |
|
2024-09-04
|
Bullish | Impact: 0.23 | News: 1 (1/0/0) |
Impact of Phillips 66 Asset Sale on Share Prices
October 15, 2024 (13:19)
Trend: Neutral
Influence: 0
The sale of Phillips 66's 49% stake in Coop Mineraloel AG for 1.06 billion Swiss francs could potentially affect supply and demand for CHF due to the large financial transaction denominated in the currency. Despite the notable volume, the neutral sentiment suggests the market has anticipated this move, resulting in minimal impact on the CHF exchange rate.
Breitling CEO Optimistic on Recovery from China-Led Luxury Slowdown
September 25, 2024 (03:38)
Trend: Neutral
Influence: 0.12
The news highlights the potential stabilization in China's luxury market, which is significant for Swiss brands like Breitling, potentially leading to a steady or improved demand for Swiss products and influencing the CHF exchange rate. Meanwhile, India's growing luxury market presents new opportunities, potentially boosting the Swiss economy and supporting a stable outlook for the Swiss franc.
This chart provides a comparative trend analysis of sentiment scores over time for CNY and CHF currencies, displaying their respective news coverage and associated sentiment.
By visualizing sentiment trends and news volume, investors and brokers can identify potential market-moving events, gauge market sentiment, and make more informed trading decisions.
Historical and forecast chart of the Yuan/Franc currency pair
The chart below shows the historical quotes of the CNY/CHF pair and the forecast chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Yuan/Franc rate can be found in the table below.
Long-term forecasts by years.
CNY Main News
CNY Faces Uncertainty: Chinese Stimulus and US Political Climate in Focus
October 7, 2024 (13:37)
Trend: Somewhat-Bullish
Influence: 0.27
The CNY's exchange rate is experiencing volatility due to the anticipated economic stimulus measures from China, which can create uncertainty in currency markets. Additionally, the upcoming US presidential election introduces further unpredictability, impacting investor confidence and influencing currency fluctuations.
Yuan Soars to Year-Long High Post Beijing's Economic Measures
September 25, 2024 (06:32)
Trend: Somewhat-Bullish
Influence: 0.29
The yuan's appreciation reflects market optimism following China's central bank's interest rate cuts and the introduction of new economic measures. These actions are seen as steps towards economic stabilization, increasing investor confidence, and consequently strengthening the yuan.
Stocks continue to rally as China's stimulus attracts investors
September 25, 2024 (02:37)
Trend: Neutral
Influence: 0
The news of China's stimulus measures has led to increased investor confidence, causing a surge in stock markets. Despite this positive sentiment, the CNY exchange rate remains stable due to the neutral outlook indicated in the ticker sentiment, showing that market expectations are aligned with the current economic interventions by China.
Yuan Reaches Highest Valuation Against Dollar in Over a Year
September 25, 2024 (01:27)
Trend: Neutral
Influence: 0.1
The appreciation of the yuan can be attributed to Beijing's recently announced stimulus measures which have positively influenced market confidence in China's economic prospects. Despite the neutral sentiment score, the strategic interventions are seen as a proactive approach to stabilizing and boosting the slowing economy.
Yuan Strengthens Following US Dollar Conversion by Exporters Post-Rate Cuts
September 23, 2024 (13:00)
Trend: Neutral
Influence: -0.05
The Federal Reserve's rate cuts have led Chinese exporters to convert their US dollar holdings into yuan, which has contributed to the strengthening of China's currency. Despite a neutral sentiment, this shift in currency holdings indicates increased confidence and demand for the yuan.
China's Decision on US Debt Holdings Looms After Fed's Rate Adjustment
September 19, 2024 (12:30)
Trend: Neutral
Influence: 0.13
The uncertainty over China's response to the Fed's rate cut could impact the CNY exchange rate due to potential shifts in China's reserve portfolio strategies. Despite the neutral sentiment score, the diversified approach may lead to instability or slight strengthening in CNY depending on the assets China's central bank decides to prioritize.
Analysts See Fed Rate Cut Easing Yuan Pressure Amid Policy Flexibility
September 19, 2024 (01:34)
Trend: Neutral
Influence: 0.13
The US Federal Reserve's decision to cut rates can relieve some pressure on the yuan by reducing capital outflow risks, as lower US interest rates generally decrease the attractiveness of holding US assets. While the sentiment is labeled neutral, the cut provides China with more flexibility in its policy making, potentially stabilizing the exchange rate.
China's Potential Response to US Fed Rate Cut amid Rising Economic Challenges
September 16, 2024 (14:00)
Trend: Neutral
Influence: -0.02
The anticipation of a US Federal Reserve rate cut may lead China to consider monetary easing to remain competitive in global trade. This situation contributes to a slight weakening effect on the CNY, as market participants speculate on possible policy adjustments in China.
Hong Kong and Macau Bond Market Integration Aims to Boost Debt Financing
September 16, 2024 (10:30)
Trend: Neutral
Influence: 0.08
Linking Hong Kong's and Macau's bond markets could increase cross-border investment opportunities, potentially influencing the demand for the CNY. However, the neutral sentiment score suggests that market participants are uncertain about the immediate impact on the CNY exchange rate.
Dwindling Yuan Support Affects Hedge Fund Trading Strategies
September 16, 2024 (05:08)
Trend: Neutral
Influence: 0.04
The diminishing support for the yuan has reduced the profitability of trades involving Chinese debt instruments, leading to subdued market interest. As a result, the exchange rate remains relatively unaffected, indicated by a neutral sentiment toward the CNY.
Mark Cuban Advocates for Sanctions Over Tariffs Amidst China-Russia Tensions
September 16, 2024 (03:07)
Trend: Somewhat-Bearish
Influence: -0.19
The somewhat bearish sentiment towards the CNY can be attributed to concerns over potential economic instability arising from the trade tensions between China and Russia. As Mark Cuban highlights the preference for sanctions over tariffs, markets might fear increased geopolitical risks affecting China's economic growth, subsequently impacting its currency exchange rate.
Cheaper Trade Financing and Emerging Market Ties Enhance Yuan's Trade Appeal
September 8, 2024 (23:30)
Trend: Neutral
Influence: 0.12
With the yuan offering lower trade financing costs compared to the US dollar, it becomes a more attractive option for international trade in emerging markets. Although the sentiment score is neutral, the cost advantage could gradually strengthen the yuan's demand in global trade finance.
Report: Smuggling Allows Nvidia AI Chips to Penetrate China's Markets
September 6, 2024 (12:18)
Trend: Neutral
Influence: 0
The news of Nvidia chips entering China through smuggling at discounted rates is unlikely to significantly influence the CNY's exchange rate, as indicated by the neutral sentiment label. However, increased smuggling activity might prompt regulatory measures, potentially introducing slight fluctuations in currency valuation due to policy shifts.
Yuan's Global Presence Remains Limited Despite China's Economic Power: Former Official
September 5, 2024 (14:00)
Trend: Somewhat-Bullish
Influence: 0.26
The statement by former Chongqing mayor Huang Qifan suggests a realistic view from China regarding the yuan's role in global markets, indicating no immediate push to dethrone the US dollar. This pragmatic stance adds a degree of stability and confidence in the yuan's gradual rise, resulting in a somewhat bullish sentiment towards the CNY exchange rate.
CHF Main News
JUSTIN Wine Reaffirms Partnership with the Emmy Awards as Exclusive Wine Provider
September 12, 2024 (18:42)
Trend: Somewhat-Bullish
Influence: 0.22
The collaboration of JUSTIN Wine with a highly publicized event like the Emmy Awards can lead to increased visibility and economic activity associated with the wine and entertainment industries. Such partnerships may have a positive, albeit small, influence on the CHF as these activities could boost business confidence and trade, reflecting in the currency's value.
Logitech's Stock Decline Raises Concerns for Investors
September 4, 2024 (22:27)
Trend: Somewhat-Bullish
Influence: 0.23
The news regarding Logitech's hesitance in increasing shareholder payouts resulted in a slight dip in investor confidence, creating moderate bearish sentiment for the Swiss franc. However, the overall sentiment towards the CHF remains somewhat bullish, indicating resilience in the currency despite the stock's performance.
Comprehensive Analysis of News and Events influencing the CNYCHF currency pair
We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.
The results of forecasts of the Yuan/Franc currency pair are shown below and presented in the form of charts, tables and text information, divided into time intervals (Next month, 2024, 2025 and 2026).
Forecasts are adjusted once a day taking into account the price change of the previous day.
Yuan / Franc Daily Forecast for a Month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct 18 | 0.1208 | 0.1205 | 0.1220 | 1.27 % |
| Oct 19 | 0.1204 | 0.1198 | 0.1210 | 1.05 % |
| Oct 20 | 0.1217 | 0.1213 | 0.1224 | 0.86 % |
| Oct 21 | 0.1214 | 0.1204 | 0.1222 | 1.50 % |
| Oct 22 | 0.1214 | 0.1205 | 0.1220 | 1.22 % |
| Oct 23 | 0.1220 | 0.1212 | 0.1227 | 1.24 % |
| Oct 24 | 0.1221 | 0.1213 | 0.1227 | 1.16 % |
| Oct 25 | 0.1228 | 0.1223 | 0.1233 | 0.77 % |
| Oct 26 | 0.1232 | 0.1227 | 0.1240 | 0.99 % |
| Oct 27 | 0.1225 | 0.1216 | 0.1229 | 1.02 % |
| Oct 28 | 0.1227 | 0.1219 | 0.1236 | 1.39 % |
| Oct 29 | 0.1219 | 0.1211 | 0.1229 | 1.45 % |
| Oct 30 | 0.1212 | 0.1207 | 0.1223 | 1.32 % |
| Oct 31 | 0.1205 | 0.1200 | 0.1209 | 0.70 % |
| Nov 01 | 0.1211 | 0.1207 | 0.1216 | 0.70 % |
| Nov 02 | 0.1217 | 0.1209 | 0.1220 | 0.96 % |
| Nov 03 | 0.1214 | 0.1210 | 0.1218 | 0.61 % |
| Nov 04 | 0.1218 | 0.1215 | 0.1227 | 1.04 % |
| Nov 05 | 0.1223 | 0.1215 | 0.1235 | 1.65 % |
| Nov 06 | 0.1221 | 0.1216 | 0.1232 | 1.32 % |
| Nov 07 | 0.1215 | 0.1210 | 0.1227 | 1.38 % |
| Nov 08 | 0.1211 | 0.1200 | 0.1216 | 1.33 % |
| Nov 09 | 0.1213 | 0.1209 | 0.1223 | 1.16 % |
| Nov 10 | 0.1216 | 0.1205 | 0.1227 | 1.85 % |
| Nov 11 | 0.1218 | 0.1213 | 0.1229 | 1.31 % |
| Nov 12 | 0.1215 | 0.1207 | 0.1222 | 1.28 % |
| Nov 13 | 0.1212 | 0.1206 | 0.1221 | 1.29 % |
| Nov 14 | 0.1217 | 0.1210 | 0.1220 | 0.84 % |
| Nov 15 | 0.1226 | 0.1218 | 0.1233 | 1.29 % |
| Nov 16 | 0.1232 | 0.1225 | 0.1239 | 1.07 % |
Target daily price CNY/CHF
Target values of the CNY/CHF currency pair as of 10-18-2024.
Optimistic target level: 0.1220
Pessimistic target level: 0.1205
Target values of the CNY/CHF currency pair as of 10-19-2024.
Optimistic target level: 0.1210
Pessimistic target level: 0.1198
Target values of the CNY/CHF currency pair as of 10-20-2024.
Optimistic target level: 0.1224
Pessimistic target level: 0.1213
Target values of the CNY/CHF currency pair as of 10-21-2024.
Optimistic target level: 0.1222
Pessimistic target level: 0.1204
Target values of the CNY/CHF currency pair as of 10-22-2024.
Optimistic target level: 0.1220
Pessimistic target level: 0.1205
Yuan / Franc (CNY/CHF) Forecast 2024 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Nov | 0.1214 | 0.1198 | 0.1232 | 2.69 % |
| Dec | 0.1196 | 0.1181 | 0.1224 | 3.49 % |
CNY/CHF forecast for this year
Forecast of the CNY/CHF pair for Nov 2024
Forecast of the CNY/CHF pair for Dec 2024
Yuan / Franc (CNY/CHF) Forecast 2025 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.1208 | 0.1179 | 0.1243 | 5.16 % |
| Feb | 0.1228 | 0.1200 | 0.1244 | 3.49 % |
| Mar | 0.1222 | 0.1192 | 0.1253 | 4.91 % |
| Apr | 0.1234 | 0.1212 | 0.1244 | 2.58 % |
| May | 0.1248 | 0.1219 | 0.1269 | 3.97 % |
| Jun | 0.1244 | 0.1221 | 0.1275 | 4.26 % |
| Jul | 0.1261 | 0.1244 | 0.1282 | 2.97 % |
| Aug | 0.1249 | 0.1233 | 0.1274 | 3.21 % |
| Sep | 0.1269 | 0.1245 | 0.1290 | 3.50 % |
| Oct | 0.1307 | 0.1296 | 0.1323 | 2.08 % |
| Nov | 0.1263 | 0.1239 | 0.1277 | 3.02 % |
| Dec | 0.1270 | 0.1259 | 0.1298 | 2.98 % |
Yuan / Franc (CNY/CHF) Forecast 2026 Monthly
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 0.1250 | 0.1223 | 0.1268 | 3.53 % |
| Feb | 0.1211 | 0.1195 | 0.1223 | 2.31 % |
| Mar | 0.1232 | 0.1205 | 0.1254 | 3.90 % |
| Apr | 0.1206 | 0.1195 | 0.1236 | 3.26 % |
| May | 0.1225 | 0.1195 | 0.1250 | 4.37 % |
| Jun | 0.1232 | 0.1212 | 0.1265 | 4.17 % |
| Jul | 0.1255 | 0.1237 | 0.1288 | 4.00 % |
| Aug | 0.1256 | 0.1236 | 0.1280 | 3.44 % |
| Sep | 0.1291 | 0.1265 | 0.1304 | 2.98 % |
| Oct | 0.1286 | 0.1269 | 0.1322 | 4.04 % |
| Nov | 0.1249 | 0.1228 | 0.1260 | 2.51 % |
| Dec | 0.1258 | 0.1226 | 0.1285 | 4.54 % |