CHF breaking new records

[bond_trad3r]

Quote from kickout:

...damn near hit parity.....

 

[rsi80]

Quote from atticus:

70% of my FX trading is in swiss-yen.

Would you care to share your rationale for focusing on this pair, atticus?

Thanks.

 

[atticus]

Quote from rsi80:

Would you care to share your rationale for focusing on this pair, atticus?

Thanks.

As has been stated it is two flight to quality sovereigns. You can learn a lot by watching the price action and stat-vol on this pair and how it translates into natural strength(or weakness) in their other cross-rates.

Right now the CHF/JPY is trading as though this current print at 1123 ES should be bought (no position).

 

[DT-waw]

USDCHF long term chart.
http://stooq.pl/q/?s=usdchf&c=50y&t=l&a=ln&b=1

Dollar lost 80% of its value to CHF.

nothing new under the sun. in next 5 years the rate will probably slide to 0.2 :eek:

 

[Martinghoul]

I prefer CHFNOK (and, to lesser degree, CHFSEK), 'cause I am a carry munky.