ETFS Currency Weekly USD Gains To Continue As Recovery Gains Momentum
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.
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Summary
US Dollar strength to stay as rate hike expectations rise
Rising volatility weighs on commodity currencies
Pound remains under pressure, with further downside for Euro
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