The euro has oscillated in a relatively narrow 1.08 to 1.10 range in recent weeks, as investors have sought refuge in established safe haven assets in response to a surge in global volatility caused by financial turmoil in China. 130 more words
Tags » Foreign Exchange Consensus Forecasts
Driven largely by divergent policy trends, uneven global growth, persistent geopolitical risks and uncertainty in China, FX volatility has been amplified entering 2016. The long-awaited start to US monetary normalisation took place on December 16 as the US Federal Reserve raised rates by 25 basis points. 105 more words
This month’s special survey focuses on the extent to which exchange rate movements are influenced by a range of different factors, including relative growth, inflation differentials, the trade balance, interest rates and equity investment flows. 63 more words
The US dollar (page 3), which performed well over the holiday period, depreciated last week, following a disappointing non-farm payrolls report for December. Only 74,000 jobs were added to the American economy, down from 200,000 and 241,000 in October and November, respectively. 19 more words
The next Foreign Exchange Consensus Forecasts publication is available Wednesday 12th February.
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