FX Minors: Current Market Trends & Covid-19 / U.S. ElectionsIn this analysis, we take on the Swiss Franc (CHF) versus the Brazilian Real (BRL) to gauge the prevailing sentiment in the FX markets, in the context of U.S. Presidential Elections uncertainties around the U.S. Dollar (USD), as well as the diminishing in importance of Covid-19 globally & a generalised overextension of major currencies to the upside against FX minors (such as the BRL, HUF, PLN, HRK & so on).
A short sell-off in this CHF/BRL pair is particularly significant due to the 'safe-have
