"For the Swiss franc to look like an attractive funding currency again when it is in competition with so many other currencies at the moment we would need to see....direct intervention on the part of the Swiss National Bank," Adam Cole, head of currency strategy, RBC. He added that he did not expect much in the way of dovish comments from Fed chairman Ben Bernanke when he speaks on Friday.
A look at the currencies to watch, with Nick Bennenbroek, Wells Fargo head of currency strategy.
In a week like the one just ended, it's worth giving up some pleasure to avoid more pain, these strategists say.