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BofA Recommend Upside EUR/CHF Play

CHF

Bank of America recommend buying the 3-month EUR/CHF 1x1.5 0.9320/0.9500 call spread (trade cost 0.53% EUR).

  • They believe that “new language on SNB FX policy response is more symmetric and year-end CHF strength is expected to fade. Risks are that SNB takes a more benign approach to CHF strength should inflation remain elevated.”
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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