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This Week's Scorecard: Buy CHF, EUR, AUD; Sell JPY USD

Published 01/09/2012, 05:53 AM
Updated 05/14/2017, 06:45 AM
JPY/USD
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This week, the scorecard recommends buying CHF, EUR and AUD while selling JPY and USD (see suggested weights in portfolio in table below). 

The signals from the scorecard this week are broadly unchanged from last week. The risk rally we were positioned for lasted only two days and especially the  last days of the week were costly on performance (-0.7%). We try again with a slightly more balanced portfolio this week – besides long high-beta currencies we are also long
CHF – and hope for a more risk friendly market sentiment this week.


 G10 FX financial scorecard  06/01/2012 E

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