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Money in Motion: Desperately Seeking Safe Haven

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Published: Tuesday, 6 Sep 2011 | 5:26 PM ET
Lee Brodie By:

Producer

The Swiss franc landed in the spotlight after Switzerland,– in an effort to protect its exporters - unilaterally set a cap on the franc's exchange rate against the euro, roiling currency markets.

The move forced a re-allocation effectively calling into question the Swiss franc as a safe haven.

What now?

Find out from Money in Motion trader Rebecca Patterson. Watch the video now!

Sweet Call on Swiss Franc
Rebecca Patterson, J.P. Morgan Asset Management weighs in on safe haven currency plays.






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Trader disclosure: On Sep 6 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Finerman and Finerman’s firm own (AAPL); Finerman owns (BAC) and Finerman’s firm own (BAC) leaps; Finerman owns (JPM) and Finerman’s firm owns (JPM) stock and (JPM) leaps; Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU)

For Dennis Gartman
Funds Managed By Dennis Gartman Own (PGH)
Funds Managed By Dennis Gartman Own (CF)
Funds Managed By Dennis Gartman Own (MCP)
Funds Managed By Dennis Gartman Own (FAX)
Funds Managed By Dennis Gartman Own the Canadian Dollar
Funds Managed By Dennis Gartman Own the Australian Dollar
Funds Managed By Dennis Gartman are short the Euro and the Sterling
Funds Managed By Dennis Gartman Own Corn
Funds Managed By Dennis Gartman are short Soybeans
Funds Managed By Dennis Gartman are short S&P 500 futures
Funds Managed By Dennis Gartman own Aussie Dollar

For Brian Kelly
Accounts managed by Brian Kelly Capital own (TLT) options
Accounts managed by Brian Kelly Capital own (MON)
Accounts managed by Brian Kelly Capital own (MCP)
Accounts managed by Brian Kelly Capital are short (EWG)
Accounts managed by Brian Kelly Capital are short (FXF) options
Accounts managed by Brian Kelly Capital are short (FXE) options

For Rebecca Patterson
** No disclosures

For John Roque
** No disclosures



CNBC.com with wires.

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The Swiss franc landed in the spotlight after Switzerland set a cap on the franc's exchange rate against the euro, roiling currency markets.
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