Noting a recent extension of gains in our G10FX model composite top rankings (short JPY / long GBP). We're a few sessions to end the month and the yen is underperforming peers, down 2.1% to the dollar
Carry and volatility factors have taken sterling to the top ranks in our G10FX composite model. Meanwhile, momentum is dragging the yen lower, the factor is short yen and franc / long scandies and antipodes
The Cable FX Macro G10FX Model Composite has traded in gains every month of the year except for May, it averaged a monthly 2.4% rise in Q1
Comments