ETFS Currency Weekly Central Bank Rhetoric Key For Near-Term FX Moves. A weekly overview of global currency market developments. The report details the past week’s performance of G10 currency pairs and currency baskets, directional model signals for the week ahead, longer-term consensus currency forecasts, futures market positioning data and a macroeconomic commentary on the FX market.
Summary
- Stress tests no help for the Euro
- Oil and rates to lift CAD
- GBP stable for now, but weakness ahead
- USD/JPY to re-test 110 level
Important Information
This communication has been issued and approved for the purpose of section 21 of the Financial Services and Markets Act 2000 by ETF Securities (UK) Limited (”ETFS UK”) which is authorised and regulated by the United Kingdom Financial Conduct Authority (”FCA”).
