Download Currency Outlook
We expect these will be the key themes to watch in March:
- Treasury yields are surging across the world, reaching pre-pandemic levels and triggering a move away from riskier assets. If yields continue to go higher this could increase volatility and negatively pressure high equity valuations and "riskier" currencies.
- The success of COVID-19 vaccine rollouts continues to be an important factor driving direction of the major currencies.
- Sustained strength in commodity prices could continue to support AUD, NZD and CAD.
- March will be a busy month for central bank data releases however current programs are expected to be maintained. Watch out for any changes in policy which could trigger volatility.
08 Dec 2020
28 Oct 2020
02 Oct 2020