Flash: USD/CHF to strengthen further post payrolls - JPMorgan

FXstreet.com (Barcelona) - JP Morgan was published a note to its clients late last week recommending to buy USD/CHF after the
strong upside surprise on the payrolls report on Friday.

According to Paul Meggyesi, FX Strategist at JP Morgan, "the beta between USD/CHF and EUR/USD moved significantly below -1 in the last taper caper, so we look for USD/CHF to outperform in the post-payrolls climate."