USD have been very strong this year. Nearly all currencies fall again USD
CHF have been strong since 2000, it's not time for upside break out
in 2012, because of the euro crisis, chf have been strong against EUR and so the SNB peg CHF with EUR at 1.2
in 2014, some how SNB is not able to peg CHF to EUR any more, so the peg is unlinked
so there is no chance that CHF to peg euro again
now: The Swiss National Bank (SNB) central bank of Swiss posted a first half loss of CHF 95.2 billion, the biggest loss since central bank's founding in1907
Goldman Sachs estimate Credit Suisse faces $8 billion capital shortfall in 2024,
compare to last week SNB sight deposits have fallen -19.6 billion
for the USDCHF is about time to change the course and CHF is going to weaker in the future.
TIME TO LONG
CHF have been strong since 2000, it's not time for upside break out
in 2012, because of the euro crisis, chf have been strong against EUR and so the SNB peg CHF with EUR at 1.2
in 2014, some how SNB is not able to peg CHF to EUR any more, so the peg is unlinked
so there is no chance that CHF to peg euro again
now: The Swiss National Bank (SNB) central bank of Swiss posted a first half loss of CHF 95.2 billion, the biggest loss since central bank's founding in1907
Goldman Sachs estimate Credit Suisse faces $8 billion capital shortfall in 2024,
compare to last week SNB sight deposits have fallen -19.6 billion
for the USDCHF is about time to change the course and CHF is going to weaker in the future.
TIME TO LONG