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Download the 1-page overview to find out from our OFXperts what to watch for key currencies.

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In May, currency volatility is likely to continue in a highly uncertain global economic environment. The key drivers could be: 

  • Tightening monetary policy as more cautious central banks catch up to those already acting to dampen inflationary pressures.
  • Geopolitical uncertainty and heightened inflationary pressures stemming from the Russia-Ukraine war.
  • China’s lockdowns casting doubt on global economic growth.

China’s COVID lockdown ripples through financial markets

Read the monthly currency news from the OFX currency specialists and keep informed on the macroeconomics of future currency movements in the coming month.

Currency Outlook archive

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