CHF

Exclusive CHF - safe haven of funding currency?

Given that there is no perceived imminent risk of an SNB rate hike, the focus is changing to whether the CHF can step into the JPY’s shoes as a funding currency.

Exclusive CHF - resilience

Exclusive CHF - even keel?

Since the start of the Iran war, USD/CHF has appreciated by approximately 4.8%.

Exclusive CHF - safe haven?

Measured from February 27, just before the start of the conflict in the Middle East, the CHF is only the seventh best performing G10 currency.

Exclusive CHF - one way?

The CHF is back at the top of the G10 performance table on a 1-day view on the back of the tariff led uncertainty unleashed last Friday

Exclusive CHF - fiscal matters

Last year, the best performing G10 currencies were the SEK and the CHF.