The latest U.S. economic numbers make the case for an imminent Fed rate hike even stronger. The question on all traders’ minds is how to play rising interest rates. Although conventional belief is that financials are the major beneficiaries of higher rates, Credit Suisse recently discussed another approach to trading a Fed rate hike.
The Idea
According to a new Credit Suisse report, the first Fed rate hike will likely put an end to the U.S. dollar rally. Historically, the dollar has performed weakly after the beginning of the past five rate hike cycles.
The Impact
As a result, commodity prices will likely find…
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