Goldman Sachs and Bank of America strategists are optimistic about Swiss franc vs. Japanese yen

According to Jinshi data, Goldman Sachs and Bank of America strategists are optimistic about the Swiss franc rather than the Japanese yen as Japanese political uncertainty weakens the yen's risk aversion attractiveness. Bank of America strategist Shusuke Yamada said that the stable fiscal situation of the Swiss franc and the rising risk premium of the US dollar and yen make long-term Swiss francs against the yen a simple trading method to express the fiscal risks of the Japanese yen. Goldman Sachs strategist Michael Cahill also held a similar view, believing that Japanese political uncertainty is good for the Swiss franc and the euro. The differentiation of central bank policy paths also supports the Swiss franc against the yen, and the normalization of the Bank of Japan's policy is affected by political uncertainty, while the Swiss National Bank seems to have reached the lower interest rate limit amid the rebound in inflation.