Whilst the CBOE Volatility Index (VIX) has fallen to a 10-year low, foreign exchange volatility lags – though Bank of Singapore expects FX volatility to catch up and advises investors to tactically trade G10 currencies and take advantage of emerging market (EM) carry trades. “Investors are struggling for inspiration on dominant market-moving themes,” says Sim Moh Siong, currency strategist at…
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