Skip to content
Subscriber Only

Hate the Swiss Franc, Love the Dollar in 2018? Take a Number

Bloomberg business news

Bennenbroek Sees Weakness for the U.S. Dollar in 2018

There’s a favorite currency trade emerging on Wall Street: a long dollar, short Swiss franc position for 2018.

Bank of America Corp., BNP Paribas SA and JPMorgan Chase & Co. are all touting a version of the strategy, based on the idea that the greenback will benefit from rising U.S. interest rates and tax cuts, while the Swiss National Bank maintains the lowest policy rate of any major central bank.