natehanna

Bloomberg) --

Despite billions spent by the Swiss National Bank to curb the franc’s advance, traders pushing the currency toward parity with the euro might have their way.

With the global economy in recession and the euro area risking a new debt crisis, the currency -- a popular haven -- has already risen more than 2% against the euro this year. Options data suggest the pair may soon be on equal footing for the first time since 2015.