News In brief
Credit Suisse launches new forex index
Credit Suisse has introduced an FX Factor index based on six strategies: carry, momentum, valuation, growth, terms of trade and merging markets. Nine major currencies and eight emerging market currencies are all valued against the dollar, and the bank said the low correlation of the indexes to one another, equities and bonds will make the product popular with investors.
"The strategies used in the index have very dispersed historical performances. They are
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