Question, why would we want to short CHF / JPY during a period of high volatility? I was under the impression that it was a low volatility currency, or is it because the JPYs is a very low beta currency??
Thanks Eddie- you would want to short CHF/JPY mainly because relative to the Yen it's a high beta currency with moderately low interest rates meaning you wouldn't incur significant bleed in the position.
Great report!
Question, why would we want to short CHF / JPY during a period of high volatility? I was under the impression that it was a low volatility currency, or is it because the JPYs is a very low beta currency??
Thanks Eddie- you would want to short CHF/JPY mainly because relative to the Yen it's a high beta currency with moderately low interest rates meaning you wouldn't incur significant bleed in the position.
another perspective on carry with the VIX introduction, thanks Joe!
No problem at all Emmanuel!
Awesome piece! Welcome back Joe. Love from Nigeria🇳🇬
Thanks David I appreciate it!