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Why directional FX calls are so hard this year? - BofA

Bank of America Global Research discusses the disappointing directional FX calls so far this year."Looking at G10 FX so far this year as April ends, it looks far from what the consensus was expecting. Despite USD bearishness, the USD is in the middle of the G10 group. The CHF is the best performer despite being overvalued, followed by GBP despite the strong bearish consensus.. JPY dropped further despite being one of the worst performers last year and market expectations for BoJ policy chan... Read More

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Content Topics

Directional

Calls

Hard

This

Year

Bofa

Forex

Posted: Apr 28 2023, 17:21

Author Name: forexlive

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