bullish
FX Markets Are On Fire
SUMMARY
- Such an economic model can work wonders…as long as there is no exogenousshock to the system - and right now, there is no shortage of external shocks (e.g. energy inputs, supply chains, inflation, borrowing costs etc).
- Once you apply stress to a complex system, the resulting pressure will look for a release valve - currencies being one of the obvious candidates.
- But this scary pickup in FX volatility also brings a lot of potential opportunities, as not all countries sit in the very same boat.
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- USD Low Gels Dec Risk Peak10 Dec 2022
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