-
Currencies Matter
The FX market is one of the biggest and most liquid in the world. Fluctuations in currency valuations also greatly affect investors’ portfolios: for instance, a US investor buying Japanese equities will be inherently exposed to the Japanese Yen too. So, how to make sense of FX moves and valuations? Let’s get into this edition of the TMC Macro Education series where we are going to cover the most important fundamentals and drivers of currency valuations. chart Now, picture we are walking into an energy crisis with a tight Fed policy and a roaring USD like in 2022 and you want to rank global currencies (using the ... (full story)