Latest from Goldmans, they continue to recommend EURCHF shorts for this week's SNB meeting where they mention a potential "100bps hike or more" which we agree with, also they stay short NZDCAD mentioning expectations for further Dollar strength and a hawkish FOMC this week
Looking at NZDCAD for possibly following that recommendation as well, but giving the EURCHF shorts more conviction as we see a strong case for the SNB to deliver a 100bps hike which is NOT fully priced in yet, with also hawkish guidance attached to make sure the CHF momentum remains positive as they want a strong currency to tame inflationary pressures
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