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Central Banks Continue to Drive the FX Market

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ETFS Currency Weekly Central Banks Continue to Drive the FX Market 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

  • Subtle shift prompts strong reaction for the FOMC.
  • CAD benefiting from US growth.
  • BOJ keeps pressure on JPY.

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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