06.09.2018 • 13:00 GMT
Why is the Swiss Franc So Strong, And Is It a Reversal Risk/Opportunity?
John Kicklighter
• Though the move is obfuscated on certain pairs (like USDCHF) the Swiss Franc has charged a remarkable rally especially in August
• Speculative positioning may be at the root of the currency's charge, but little other fundamental support has formed
• There are few well-positioned pairs for further CHF climb, but strong options for reversal include CADCHF, EURCHF and GBPCHF
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