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CHF review

Western Union notes in a report on Wednesday: Dollar-Swiss reclaimed parity for the first time since the franc soared in dramatic fashion following a surprise, about-face move on currency policy by the Swiss central bank…

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EconoTimes — Reading the Times. Understanding the Future.

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Western Union notes in a report on Wednesday:

  • Dollar-Swiss reclaimed parity for the first time since the franc soared in dramatic fashion following a surprise, about-face move on currency policy by the Swiss central bank on Jan. 15. 

  • This is much improved news to share with CHF buyers whose market now is flirting with the best levels since September 2010, where it was in the run up to the Swiss decision in mid-January to untie its currency from the euro. 

  • CHF buyers can lock in the better market with forwards or options which offer insurance and bottom line protection should exchange rates once again experience wild fluctuation.

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