Bank of America: Investors should pay attention to opportunities in the yen and pound currency pairs
According to Jinshi, Bank of America stated that if the Federal Reserve resumes interest rate hikes, investors should focus on specific currency pairs rather than overall exchange rate fluctuations.
The bank believes that the opportunities in the yen and pound currency pairs are the most prominent, as these currency pairs exhibit the greatest volatility during the Federal Reserve's interest rate hikes, making targeted trading more attractive than betting on the entire G10 forex market.
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