Skip to content

Swiss Franc – the new safehaven

April 12, 2011

 

I have been watching the Franc closely since the Japan earthquake (see big spike below on march 11), capital started going “risk off” it pushed the Franc up as opposed to the dollar. Well now, and I cant quantify it, it seems that when we have “risk off” days the Franc catches a bid. Much like today.  Recall this for future troubling times.

 

via FXF – Daily Candlesticks.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: