LONDON, June 27, 2014 /CNW/ - FxPro releases its latest research paper on the outlook for the FX markets in Q3, Q4 of 2014 and rate predictions over the next twelve months. To access the research piece click on the link below:
- We did not start the year as secular dollar bulls but were still over-taken by the disappointing dollar performance, largely (but not wholly) down to the weaker US economy in Q1.
- Central banks have helped to create the historically low levels of volatility that pervade FX and other markets and need to do their bit to bring a little more uncertainty as tightening gets nearer.
- We were relatively correct in sterling and euro outlooks for H1, less so for yen and Aussie.
- Sterling should receive continued support from a likely Bank of England rate increase this year.
- The Aussie should remain relatively well supported in Q3, together with the euro.
- The yen is likely to weaken in the latter half of the year.
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