---
title: Currency Portfolios and Global Foreign Exchange Ambiguity
url: https://www.ml-quant.com/papers/ssrn/4742236/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4742236
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4742236
featured: 2024-03-06
citations: 2
topic: Portfolio & Allocation
---


# Currency Portfolios and Global Foreign Exchange Ambiguity

The study examines the effect of global foreign exchange ambiguity on currency portfolios, finding that high ambiguity leads to high currency carry returns and uncovers uncertainty not captured by FX volatility.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4742236
- Identifier: SSRN 4742236
- Released: 2024-02-29
- First featured: Quant Letter No. 39 (2024-03-06): https://www.ml-quant.com/issues/2024-03-06/
- Citations (Semantic Scholar): 2
- Published in: not yet
- Topic: Portfolio & Allocation

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