-
Buying the Swiss Franc is 'Trade of the Week' with Barclays and RBC
The Swiss Franc should be in demand over the coming days say strategists at RBC Capital Markets and Barclays. The calls come at the head of a week that will be dominated by a key U.S. inflation release, a U.S. interest rate decision and a Bank of Japan decision. For strategists at Barclays, a softer U.S. Dollar is a likely outcome of these event risks and the clearest expression of such a view is to sell dollars and buy the Franc. "Franc strength versus the dollar is the main avenue of preserving REER CHF valuations in a weak dollar environment; meanwhile, weaker risk conditions typically associated with dollar ... (full story)