The Biggest Macro Risk You Might Be Ignoring
Investing is all about probabilities: all you need to do is assess the chances markets are assigning to different scenarios today and anticipate...
360 Views
How Well Is Hedging EM Currencies with the Euro Working?
I go over the performance of one of the trading strategies that I have suggested in line with my view of the dollar remaining strong in the near...
282 Views
In the Line of Fire – Impact on Central European Currencies from Russia’s Invasion
Russia's invasion has given another leg up to the US dollar, weighing on EM currencies, particularly in Central Europe despite the steps they have...
252 Views
Value of Euro as a Hedge for EM Currencies in Times Like These
Given my expectation that the dollar should remain volatile in the near term, I continue to recommend maintaining a euro hedge for a diversified...
188 Views
How Effective Has the Euro Hedge Been for EM FX?
In this note, I first evaluate how well has the euro hedge for EM FX that I recommended a month ago worked and then address the question of whether...
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