Friday, November 19, 2010

CHF: Frank went out of sight forex radar

As the Japanese yen, Swiss franc out of sight of radar forex increasingly in recent weeks, since the focus is now the euro and the dollar. A pair of EUR / CHF, for example, all the while she is traded in a narrow corridor, while the pair USD / CHF has moved higher against the dollar recovery. Because the securities are in better shape, euro investors are relatively quietly watching the unfolding banking and sovereign debt crisis, the factor of risk aversion, which is usually significantly reduced Suisse. If the European crisis widened and deepened, then we could see that the Swiss franc is the only benefit.

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