I think the reason for this drop (chf weakness against strong yen) is because of the strength of Gold. This reasoning is more relevant to CHFJPY rather than USDJPY is that while the Frank may be a safe haven currency, it does not correlate with Gold price. There are other reasons, such as the overall bearish frank this week and Frank price action broke below 100...
I got kicked out of school so I decided to commit financial desecration.
Yen lookin like it's about to get yanker doodle doo'ed
Short the Bitch, I mean Pound!
I want to save this as notes to study for future improvement
GBP is about to get shafted
Only by walking through the darkness do I now thank the Lord for the Light. In the void I felt the pain of Ego. Through surrender came the Peace of Consciousness.