Bought USD/CHF

[forum.forex]

We went Long on (Bought Position) at 0.9476 in USD/CHF - we are expecting it to reach 0.9580s fairly soon as the U.S. Dollar $ is coming back into favour as a safe haven...

Any one else into this or has experience with Usd/Chf?

 

[forum.forex]

We suspect USD/CHF will soon enough rise to over 0.97 - the Swiss are likely to intervene heavily to stop the Swiss Franc appreciating:

UBS Warns U.S. Will Soon Label Swiss a Currency Manipulator - BNN Bloomberg

Switzerland will probably get named a currency manipulator by the U.S., making life more difficult for the country’s central bank, according to UBS Group AG.

www.bnnbloomberg.ca

 

[somrat4030]

Today just now gone long usdchf at .89011

Target 90.15ish