genkumag

Shifting safe-haven preference from CHF to JPY?

FX_IDC:JPYCHF   JAPANESE YEN / SWISS FRANC
Risk-off phases are often characterised by safe-haven flows running towards CHF and/or JPY. Over the past two years, CHF has provided better upside judging by the way JPY/CHF performed during the period. But having observed the the tight range transition in JPY/CHF this past year, I'm beginning to sense a shift with JPY being the preferred safe-haven of choice. While I'm sure this shift is will transition gradually, the bullish JPY/CHF story should gain more traction in 2018 when market volatility comes back with more force.

Keep tabs.
Founder, BOH Society

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out