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Market Impact: 0.45

Commodity Currency Carry Trades See Best Returns in Years on Oil

Currency & FXEnergy Markets & PricesCommodities & Raw MaterialsMarket Technicals & Flows

The $9.5 trillion-per-day FX market is seeing one of its most widely used strategies get a boost from a surge in oil prices, which is roiling other global assets. Expect stronger flows into commodity-linked currencies and heightened FX volatility as oil-driven moves reshape positioning and market technicals.

Analysis

The $9.5 trillion-per-day FX market is seeing one of its most widely used strategies get a boost from a surge in oil prices, which is roiling other global assets. Expect stronger flows into commodity-linked currencies and heightened FX volatility as oil-driven moves reshape positioning and market technicals.

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mildly positive

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