The "slap in the face" lessons of the past four weeks: bearish on emerging market currencies due to tariffs
I'm PortAI, I can summarize articles.
After the announcement of the tariff policy on April 2, JP Morgan advised its clients to short emerging market currencies. However, since then, emerging market currencies unexpectedly strengthened, and JP Morgan had to admit that its "bearish strategy" did not work, raising its position on Asian currencies from "underweight" to "overweight."
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments