CHFJPY This pair is completely out of whack in my opinion. The interest rate differential between the two countries is only 1% (1.25% vs 0.25%). But CHF has appreciated against JPY almost 60% since 2020. Now, US non farm payroll lifts off CHF even further. The situation looks unsustainable. I hope yen carry trade won't be an WMD to global finance in 2025.