FX Dashboard: As Goes the Dollar, so Goes EM FX
We show that the dollar remains the primary driver of EM FX despite the idiosyncratic moves in Turkey and Brazil today on the back of rate hikes.
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FX Dashboard: Is Carry Compensating for Volatility?
In this note, we discuss the relationship between a currency's carry with its volatility, and use it to identify dislocations.
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FX Dashboard: Peruvian Sol Cheapens Further Ahead of the Elections
The Peruvian sol (PEN) is standing out as an underperformer relative to other EM currencies,. However, we would look for an entry point closer to...
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FX Dashboard: Revisiting Taper Tantrum Vs Current Reflationary Scare
In this note, we revisit our analysis of the current reflationary episode vs the 2013 Taper Tantrum. Attached is our daily FX Dashboard that helps...
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FX Dashboard: Polish Zloty Underperformance Looks Overdone
Attached is our daily FX Dashboard that helps identify dislocations among EM currencies. In this note, we reiterate our recommendation to be long...
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