💱📊Wrong-Footed G10FX Composite Model On Volatility Spike: Cable FX Macro
- Rosbel Durán
- 2 days ago
- 1 min read
**As seen in Online Tools > FX Factors, get access now! cablefxm.co.uk
The flagship G10FX composite model is posting consecutive monthly losses as the volatility spike on trade and growth uncertainty weighs.
April is set to post losses above 2.0%, a third consecutive decline. This is also the worst losing streak in our records looking back to 2018.
Moving forward, enough systematic talk. A discretionary approach would have obviously looked into Volatility basket exposure (positively correlated to VIX). The factor is outperforming and posting gains of 0.6% on the month.
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