Another look to hedge FX risk, this time the cross-rate EUR/CHF as on the chart below.
Our goal is to maintain an average better exchange rate and avoid this way heavy market volatility.
EUR/CHF is just the difference between EUR/USD and USD/CHF but normally the volatility in the cross-rate is less compared to the major exchange rates.
You can the charts of the major exchange rates with their hedge percentages on this link: http://www.2hedge.com/mmfxhedge.html
Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by 

