You start working for a US company based in Cleveland. Your company has export-import transactions with a few businesses in Switzerland and you handle all such international transactions. Your company is a valued client of a major local bank and the bank sends the exchange rates daily to your office via email. You pull out the bills due for collection (accounts receivable) and payments (accounts payable) today and start reading the following outright quotes for Swiss Francs against the dollar (CHF/$) from your bank.

CHF / $

Rates

Bid

Ask

Spot

1.6075

1.6085

1 M Fwd

1.6085

1.6100

3 M Fwd

1.6089

1.6107

6 M Fwd

1.6095

1.6115

Is the Swiss franc (CHF) poised to become strong or weak against the dollar between now and future?