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Why is the Swiss Franc So Strong, And Is It a Reversal Risk/Opportunity?
With so much reference to the US Dollar's climb these past four months, the Euro's advance on the back of so many battered counterparts and the Yen's bounce amid risk aversion; it would seem that top performance has reverted to the most liquid majors. Yet, that assessment wouldn't be exactly accurate. In fact, one of - if not the absolute - best performances amongst the most liquid currencies through the short-term (past few weeks) and medium-term (past months) comes from the Swiss Franc. If we were trying to assess the currency's general performance by referring to USDCHF, the picture would be obscured owing to the ... (full story)
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