November 2011
Beginner
335 pages
9h 33m
English
Content preview from Inside the Currency Market: Mechanics, Valuation, and Strategies
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Seasonality and U.S. Dollar/Swiss Franc
The Federal Finance Administration prepares and submits a budget to the Swiss Parliament to be voted on, usually by December. Swiss companies, like their governmental counterparts, write their own budgets in line with Swiss calendar years. Look for Swiss franc LIBOR and SARON rates to peak during the December/January period. Yet U.S. dollar/Swiss franc will begin its ascent and Swiss franc/U.S. dollar to bottom at that time.
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