27 October 2025 | 6:00PM GMT Economics Research Global Markets Daily: Relative Value in FX – When to Chase and When to Fade (Jenkins) Relative Value in FX – When to Chase and When to Fade Non-Dollar crosses typically account for a relatively small portion of overall FX Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. Stuart Jenkins ...