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When Having a Reserve Currency Matters

When Having a Reserve Currency Matters

Long Gold--> Long USD -->Short EWY

Guillermo Valencia
Jul 12, 2019
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Macrowise Newsletter
Macrowise Newsletter
When Having a Reserve Currency Matters
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Long GOLD

Long USD against EM Emerging Market Currencies

Short EWY 

What is the price of having a reserve currency?

  • Globalization takes for granted the access to a reserve currency, but it is far from true in our new geopolitical configuration, where geopolitics are defining new multipolar systems. 

  • One of the greatest developments of globalization was the d…

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