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Commodity currencies under pressure as FX volatility rises

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Commodity currencies under pressure as FX volatility rises

ETFS Currency Weekly Commodity currencies under pressure as FX volatility rises 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

FOMC a risk for US Dollar

ECB TLTRO take-up key for Euro

Scottish election uncertainty negative for British Pound

General

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”).

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