USD/CHF Short based on the MacDonald's BigMac? Short

U.S. Dollar/Swiss FrancFXCM

Description

⋅ May 16, 2014 6:20 AM

Is it unpatriotic to short your country's currency? Not if you are betting on Big Mac Prices to rise in CH Switzerland. Swiss to vote on #minimumwage to be raised to $25 an hour. online.wsj.com/news/articles/SB10001424052702303948104579537930904069744?mod=World_newsreel_1

That should move Switzerland back to the top of the Big-Mac-Index economist.com/content/big-mac-index

Which means higher SwissFrancs and lower USD. LOL

Trading currency actually protects the value of it!

Comments

Cavex

⋅ Sep 8, 2014 6:34 PM

McDonald's Prices are not a good method for trading Swissy, it's just a fun way to approach it.