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#1 02-06-2016 09:31:51

johnedward
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From: Paris - France
Registered: 21-12-2009
Posts: 3861
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USD/CHF: ANZ bank recommends selling the pair in June

CHF/USD: ANZ bank recommends buying the pair in June


http://www.forex-central.net/forum/userimages/LOGO-anz-logo-new-2-5.gif.png


Historically speaking, the ANZ bank notes that the CHF performs well in June:

"Shorting the USD/CHF is the best trade to do in the month of June, from a seasonal perspective.

Figure 1 below shows how the G10 and Asian currencies have performed during the 2000-2015 period.

The Swiss Franc is the currency that performs the best during the month of June among the G10 currencies with an average gain of 1% against the dollar. The CHF rose against the USD 12 times in the last 16 years in June", says the ANZ bank.

http://www.forex-central.net/forum/userimages/ANZ-forecast.png


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