Almost all of my holdings are green today and yet I’ve gone from +100 to -300 Polish zloty - a swing of well over 1%.
I’ve checked currency rates online and there doesn’t seem to be any significant change in rates between Polish zloty and funds held in EUR/GBP/USD. My so-called fx-impact is hugely down on every investment, however. As much as 3% in some cases.
One of things made me hesitate to invest more in USD market, this obvious downtrend of USD vs all EU currencies… If back to historical average, around 15-20% room to fall still.
if the FX rate starts to move in the direction needed to reduce your currency losses, DCA your shares can allow for that FX rate to hit net neutral a bit sooner as it also averages.