Cyprus: Low Volatility and Risky Plans

(This is an excerpt from an article I originally published on Seeking Alpha on March 17, 2013. Click here to read the entire piece.) {snip} While it is still far from clear that the risky bailout plan for Cyprus will pass the country’s legislative body – a vote that was scheduled for Sunday has been … Read more

The Franc’s Weakening Should Continue Against the Euro

(This is an excerpt from an article I originally published on Seeking Alpha on January 27, 2013. Click here to read the entire piece.) Two weeks ago, I wrote “Time To Short The Franc… With The Euro” as a trading call that combined the likely continued strength in the euro (FXE) and the likely continued … Read more

Time to Short the Franc…With the Euro

(This is an excerpt from an article I originally published on Seeking Alpha on January 13, 2013. Click here to read the entire piece.) The Swiss franc (FXF) has had a floor against the euro (FXE) set at 1.20 for about 15 months. During that time, there was a stretch of about five months where … Read more

Cash Is Trash When Denoted In Francs

(This is an excerpt from an article I originally published on Seeking Alpha on December 6, 2012. Click here to read the entire piece.) On Monday, November 3, Bloomberg reported that Credit Suisse Group AG (CS) will soon charge negative interest rates on cash balances denoted in Swiss francs (FXF). Francs are increasingly becoming trash … Read more

Swiss National Bank Strikes A Dour Note As Franc Remains Over-Valued

(This is an excerpt from an article I originally published on Seeking Alpha on September 14, 2012. Click here to read the entire piece.) The Swiss National Bank (SNB) struck a very dour note in its latest statement on monetary policy. Blaming in part the continued over-valuation of the Swiss Franc (FXF) – “the Swiss … Read more