Thursday's triple whammy has AMP betting on dollar, Amundi long euro
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Singapore
GO long the euro. Short the pound. Sell the currencies of Brazil, Mexico and South Africa.
These are some of the strategies managers are adopting as they brace for Thursday's trifecta of potentially disruptive events. AMP Capital Investors Ltd's Nader Naeimi sees former FBI director James Comey's testimony as the biggest wildcard. But he also thinks US bond yields are close to their bottom and the dollar will gain versus emerging-market currencies. Amundi SA, which oversees more than US$1 trillion, is bullish on Europe.
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