USD/CHF Short based on the MacDonald's BigMac?
Is it unpatriotic to short your country's currency? Not if you are betting on Big Mac Prices to rise in CH Switzerland. Swiss to vote on #minimumwage to be raised to $25 an hour. online.wsj.com/news/articles/SB10001424052702303948104579537930904069744?mod=World_newsreel_1
That should move Switzerland back to the top of the Big-Mac-Index economist.com/content/big-mac-index
Which means higher SwissFrancs and lower USD. LOL
Trading currency actually protects the value of it!
That should move Switzerland back to the top of the Big-Mac-Index economist.com/content/big-mac-index
Which means higher SwissFrancs and lower USD. LOL
Trading currency actually protects the value of it!
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