The document discusses the Swiss reallocation into foreign exchange and its impact on the Swiss franc. It suggests staying long on EUR/CHF and selling CHF/JPY due to positioning and valuation. The document also analyzes the potential actions of the Swiss National Bank (SNB) and the implications for Swiss and Japanese markets.
doj/DataSet10/EFTA01387380.pdf
{"title":"FX Blueprint","key_people":["Robin Winkler"],"document_date":"2018-01-09","document_type":"correspondence","key_locations":["Switzerland","Japan"],"key_organizations":["Swiss National Bank","Deutsche Bank AG"]}