💱🔺CHF Leads G10FX, JPY Underperforms In 2023: Cable FX Macro Rosbel DuránDec 29, 20231 min readThe broad 2023 theme extended into year-end as the Swiss franc outperforms the G10 while the Japanese yen falls behind. All currencies posted gains vs the yen, the correction into the final part of the year saw USD/JPY rise 7.6%
📝Macro Hedge Funds Exhibit A Low Level Of Conviction: UBS Strategy My FX Flow Monitor shows hedge fund positioning has flipped with the average holding period shortened significantly. Also, macro...
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