Already a Bloomberg.com user?
Sign in with the same account.
Oct. 14 (Bloomberg) -- Schneider Foreign Exchange cut its forecast for the Swiss franc versus the euro and dollar.
The franc will weaken to 1.33 against the euro by year-end, compared with a previous forecast of 1.19, Stephen Gallo, head of market analysis in London, wrote in an e-mailed note. The Swiss currency will depreciate to 95 centimes per dollar, from an earlier estimate of 86 centimes, he wrote.
The franc was little changed against the euro at 1.2376 at 5:05 p.m. in London. It strengthened 0.6 percent to 89.28 centimes per dollar.
--Editors: Nicholas Reynolds
To contact the reporter on this story: Lucy Meakin in London at email@example.com
To contact the editor responsible for this story: Daniel Tilles at firstname.lastname@example.org