Currency OutlookCurrency Outlook

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We expect these will be the key themes to watch in April: 

  • The USD has been increasing in line with equity markets, not acting as a safe haven in a risk-on environment but finding strength due to economic fundamentals
  • Any headline data around global recovery should continue to shift risk sentiment and could help the performance of commodity currencies (AUD, NZD, CAD) in particular
  • Treasury yields are likely to increase along with growth expectations, this could negatively pressure high equity valuations and "riskier" currencies 
  • Central bank decisions from Australia, US, Canada and Europe could bring some volatility
Download the 1-page overview to find out from our OFXperts what to watch for key currencies by clicking on the 'DOWNLOAD REPORT' button above.

 

 

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