GLOBAL RESEARCH ARCHIVE
Asian FX Focus: Multiverse Model signals… and human judgement?
Research evidence excerpt
Asian FX Focus: Multiverse Model signals… and human judgement?
ary, seek professional investment and tax advice.
Certain investment products mentioned in this document may not be eligible for sale in some states or countries, and they may
not be suitable for all types of investors. Investors should consult with their HSBC representative regarding the suitability of the
investment products mentioned in this document and take into account their specific investment objectives, financial situation or
particular needs before making a commitment to purchase investment products.
The value of and the income produced by the investment products mentioned in this document may fluctuate, so that an investor may
get back less than originally invested. Certain high-volatility investments can be subject to sudden and large falls in value that could equal
or exceed the amount invested. Value and income from investment products may be adversely affected by exchange rates, interest
rates, or other factors. Past performance of a particular investment product is not indicative of future results.
HSBC believes that investors utilise various disciplines and investment horizons when making investment decisions, which depend
largely on individual circumstances such as the investor's existing holdings, risk tolerance and other considerations. HSBC’s currency
trade ideas on deliverable FX forwards (DF) or non-deliverable FX forwards (NDF) are usually identified on a time horizon of up to three
months, although HSBC reserves the right to extend this time horizon on a discretionary, trade-by-trade basis.
HSBC believes an investor's decision to buy or sell an instrument should depend on individual circumstances such as the
investor's existing holdings and other considerations.
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