Benchmarking against competitive exchange rates

The past two years have seen significant relative shifts in exchange rates on the back of broad dollar weakness. The burden of sharing the decline in the dollar has, however, not been evenly spread. The FX universe has split into those tagging the dollar, and the remainder that have taken the full brunt of its decline. This has led to marked competitive divergences that increase the risk of heightened FX volatility.

The broadest measure of competitiveness is the trade-weighted index (TWI), a

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: