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No Battle for US Dollar in Global Currency Wars

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ETFS Currency Weekly No Battle for US Dollar in Global Currency Wars. 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

Bank of England voting key for GBP direction.

Yen will remain depressed as BOJ responds to recession.

Swedish Krona to lift on better economic landscape.

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”).

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