Citi flags uneven danger/reward in CHF this month

Citi flags asymmetric risk/reward in CHF this month

Citi flags a scope for Switzerland to be named a foreign money manipulator by the US  by US Treasury in October. 

CitiFX Technique’s newest: Switzerland could be named a foreign money manipulator in October.
Switzerland has met the target standards to be labeled a foreign money
manipulator by US Treasury. The timing of the US Treasury International
Change Report has been disrupted over the previous 18 months; nevertheless, we
count on US Treasury will try to get again on schedule by releasing the
report this month.

This supplies uneven danger/reward for lengthy CHF positions
within the coming weeks as nations named foreign money manipulators are inclined to see
their currencies strengthen
,” Citi provides.

For financial institution commerce concepts, take a look at eFX Plus

For financial institution commerce concepts, take a look at eFX Plus