whoa... this is a great post by some dude on ff.... about the EURCHF.... me likey smart people
DislikedEURCHF, the “floor”, SNB and other fondues
The Swiss franc has a history of being a safe haven currency for longer than I have been in the market. In fact – the year I started – the currency was in focus as much as it is these days – for almost the same reasons.
One can wonder why a small country with a small economy got a currency with such attraction. It’s never had high interest rates, Swiss banks are not particularly client friendly – still this is the currency you go for when everything else looks shaky.
Two times throughout my FX life I...Ignored