Bank of America said that if the Federal Reserve resumes rate hikes, investors should focus on specific currency pairs rather than broad exchange-rate moves. The bank highlighted yen and pound pairs as offering the most notable opportunities, with these pairs seeing the largest volatility during Fed tightening, making targeted trades more attractive than betting on the entire G10 FX market.
According to Jin10, Bank of America said that if the Federal Reserve resumes rate hikes, investors should focus on specific currency pairs rather than broad exchange-rate moves. The bank said yen and pound pairs offer the most notable opportunities, as these pairs see the biggest volatility during Fed tightening, making targeted trades more attractive than betting on the entire G10 FX market.
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