G10 FX: What Is The Key Driver In FX This Year? Valuation Or Carry? – BTMU

BTMU FX Strategy Research notes that when looking at the year-to-date G10 FX performance table shows SEK, EUR and NOK in the top three positions, and with two of these three still running negative interest rate policies, it is clear that carry is not the driver of G10 FX performance this year.

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