CHF falls in value, safe haven demand falls

The CHF has changed massively over the last few weeks being a huge beneficiary of the world uncertainty through January and February. The CHF is widely seen as a safe haven meaning investors move their funds into that currency in times of uncertainty.

Recently however the world has started to settle, only since yesterday really when China returned into the market after their festive break. With them out for most of last week the world managed to calm itself and this was ecoed yesterday as China dn Japan both saw climbs.

Moving forward I expect these recent losses for anyone buying the CHF to start to be reversed. Buying the CHF should start to get cheaper through this week with the biggest days expected on Wednesday and Friday.  On Wednesday we have UK Unemployment figures which are expected to show yet another improvements.

For live information, forecasts, prices or expectation please feel free to contact myself STEVE EAKINS at 01494 787 478 or email [email protected]