I know I’m wrong but I just don’t get the bullish CHF thing
The market is always right and the market has been buying Swiss Francs like they’re going out of fashion. The prevailing logic is that this is the ultimate safe-haven trade. Surely though, if the proverbial hits the fan in the financial markets, the absolute last currency you would want to hold is the one whose value is largely determined by it’s banking system. I’m going to continue in contrarian mode and wait for the inevitable turn, let’s just hope I don’t go broke in the meantime!