The Swissy

Anyone else see the USD/CHF pair going up 500-700 pips in the 1.5 months to come? I understand that it will depend a lot on the attitude of the FED, as it has become very likely that Bernanke will promote another hike following the next Fed meeting. Other factors, such as oil, will also have an impact...

Thanks.

i think the only way swissy can go as high s that is if the Iran situation gets resolved with a happy ending....otherwise who will buy dollar against the swiss if things are so unstable? remember that CHF is the currency that everyone buys when there is geopolitical concern.... and there is still that...so if Iran gives a positive answer to the incentive package then for sure there will be relief for the pair and market players can show the releif by a buying rally in USDCHF