Investors' demand for safe havens due to fears that the tightening of the Fed's monetary policy broke the US banking system sent the USDCHF down. What’s next? Let us discuss the Forex outlook and make up a trading plan.
Weekly Swiss franc fundamental forecast
When there is turmoil in the market, investors are lured to safe havens, such as gold, the Japanese yen, and the Swiss franc. Investors buy Treasuries; Treasury yields are down, making low-yielding currencies and precious metals the main winners. The bankruptcy of three US banks, Silvergate, Signature, and the SVB, proved this. It doesn't matter where... Read full author’s opinion and review in blog of #LiteFinance
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