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Why I’m long USDTWD — #SaxoStrats
Saxo's global macro strategist Kay Van-Petersen discusses why he is targeting low-yielding emerging market currencies combined with USD.
Using the Taiwan dollar, this sort of long USD trade, which he says has a two-to-three week timescale, should prove fruitful should the risk of conflict with North Korea increase.
Van-Petersen says that he wants to find upside in USD, with bearishness at its lowest since 2013.
02:38 minutes
Tags: USDTWD, home.saxo, kay van-petersen, saxotrader, saxotradergo, taiwan, tradingfloor.com, united states
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