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EUR vs CHF

Fundamentals favour the Swiss Franc by 21 points.

EUR Euro -40 Slightly Weak · #8
vs
CHF Swiss Franc -19 Slightly Weak · #6

On the Macro Currency Strength Meter, the Euro scores -40 and the Swiss Franc scores -19 — a gap of 21 points in favour of the Swiss Franc. The widest divergence is in positioning, which favours the Swiss Franc. All else equal that gap is a fundamental tailwind for the Swiss Franc against the Euro — though markets may already have priced much of it in.

Pillar comparison

Which currency wins each macro driver
DriverEURCHFEdge
Interest Rates -50 -43 CHF
Positioning -56 -3 CHF
Risk Mood +0 +7 CHF

Strength gap over time

EUR minus CHF fundamental score — above zero favours EUR. The gap is currently -21 and narrowing.

A widening gap means the fundamental edge is growing; a narrowing gap means it’s fading. Educational macro context, not a trade signal.