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Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 - PowerPoint PPT Presentation

Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 period covers Feb 14, 2020 Apr 6, 2020. Daily trading range for EUR/USD (expressed as percentage of spot) 3.50% Max 3.00% 2.50% 2.00% 75th


  1. • • • • • • Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 period covers Feb 14, 2020 – Apr 6, 2020.

  2. Daily trading range for EUR/USD (expressed as percentage of spot) 3.50% • Max 3.00% • 2.50% 2.00% 75th percentile • 1.50% Max 1.00% 75th percentile • 0.50% 25th percentile Low Low 25th percentile 0.00% Jan 1, 2019 - Feb 13, 2020 COVID-19 period Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 period covers Feb 14, 2020 – Apr 6, 2020.

  3. Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 period covers Feb 14, 2020 – Apr 6, 2020.

  4. Cost per annum to buy currency via forwards 1.00% 0.71% 0.50% 0.38% 0.00% -0.20% -0.50% -1.00% -1.04% -1.50% -1.44% -1.72% -2.00% -2.50% -2.49% 'Negative %' implies carry cost 'Positive %' implies carry pick-up -3.00% -3.07% -3.50% EUR GBP CNH ILS One year ago (pre-COVID-19) Today (COVID-19 period) Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 period covers Feb 14, 2020 – Apr 6, 2020.

  5. Source: FX Risk Advisory | Data: Bloomberg Note: COVID-19 period covers Feb 14, 2020 – Apr 6, 2020.

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