Swiss Franc Undervaluation May Support APAC Recovery Trades, Says BNY
BNY’s Geoff Yu notes that the Swiss Franc is undervalued on both nominal and real effective exchange rate measures, hovering near one-year and 15-month lows, which could support recovery trades in the Asia-Pacific region.
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Geoff Yu of BNY has highlighted that the Swiss Franc appears undervalued across key metrics. Both nominal and real effective exchange rate measures place the currency near one-year and 15-month lows.
This undervaluation could bolster recovery-oriented positioning in APAC markets, according to the analysis. The view suggests potential for Franc strength to benefit regional trade flows.
Source: FXStreet Forex News