Risk-On Might Be Back, But Keep the Euros Hedged
November 17, 2020 at 07:30 AM EST
You can bet that Europe is keeping an eye on what the markets are doing in the U.S. The hope is that a vaccine rally can continue to power equities through the rest of 2020. With optimism and a renewed risk-on sentiment running rampant in the global capital markets, including Europe, it’s still wise to keep those currencies hedged in these volatile times.