Time to short the Swiss Franc?

Posted on 04. Aug, 2015 by Jean Jacques Ohana in Weekly Focus

After the currency peg was suddenly given up by the Swiss National Bank, the Swiss Franc became by far the most overvalued currency among G10 currency as illustrated by the deviation from Purchasing Power Parity valuation presented in figure 1.Over the last 25 years, the Swiss Franc has presently a record positive deviation of more [...]