CHF/JPY - This is the forex quote for the Swiss Franc – Japanese Yen cross pair. Both of these currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level in light of aggressive monetary Japanese easing.
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Weekly Swiss Franc and Japanese Yen Trading Forecast
|Gold Rally Vulnerable to Hawkish FOMC - $1237 Key Resistance||neutral|
|Japanese Yen May Resume Recovery on Year-End Capital Flows||bullish|