💱G10FX Carry Index Posted Worst Week Since 2015: Cable FX Macro
- Rosbel Durán
- Nov 14, 2022
- 1 min read
An index compiled by Bloomberg that reflects a carry strategy in G10FX currencies had seen gains for most of last year as the measure reached the highest levels in the post-GFC era
The carry strategy was unfavoured after the dollar declined on the back of the softer CPI data. Carry strategies have not been funded by the dollar lately, while in some models it appears as a target
The G10FX Carry Index fell by a little more than 8.0% on the week, this was the worst decline since early 2015
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