Short-term opportunity to buy EURCHF

Review: We are quickly nearing the fiscal cliff in the US. The US: Yesterday the Democrats’ chief negotiator, Harry Reid, warned about the risk that the US will fall over the fiscal cliff. Consequently US equities fell. Equities closed slightly into negative territory in the US, but Japanese as well as Chinese equities rose by about 1% this morning. In respect of the fiscal cliff, it should still be borne in mind that even if we go over the cliff, there is some ‘leeway’. The politicians can at

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Short-term opportunity to buy EURCHF

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