eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Oct 20 - 10:55 AM
–

Goldman Sachs: The Return of FX Carry

By eFXdata  —  Oct 20 - 10:15 AM

Goldman Sachs Research discusses the performance of FX carry strategies.

"FX carry has faced a series of headwinds over the past month - a higher-velocity phase of the fixed-income sell-off in September, recent AI/risk wobbles, continued vulnerabilities to energy pressures (including an uneven impact from concerns around a potential US diesel export ban), and stress in European sovereign credit," GS notes.

"Despite these challenges, FX carry performance at an aggregate level has remained firm. Through a factor lens, procyclical currencies have underperformed following the risk-off in equities, energy importer-vs-exporter currencies have plateaued recently, while our carry factor hit fresh year-to-date highs earlier this week," GS adds.

 

Source:
Goldman Sachs Research/Market Commentary
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved