UBS says its new equity flows

UBS says its new equity flows model for currencies suggests going long CHF/SEK. The trade will be held for the next three days with no stop losses and no taking profits. The model looks at cross-border equity flows from the bank's clients and follows or fades the currency crosses - a strategy with 8% annual returns over the past seven years. Trade was entered at 7.1651. Pair is now at 7.1721.