Read the latest monthly Currency Outlook
Find out what could impact exchange rates for key currencies in the month ahead in our cheat sheet.
The below key drivers are likely to impact investor risk sentiment and FX markets in March:
- February’s unexpectedly strong US Jobs Report sees US dollar soar against the major currencies
- Global GDP’s have shown only sluggish or flat growth amid an inflation climate, so attention is on the next interest rate statement
- China improved economy after relaxation of strict COVID-zero policy and projected reopening of its economy
Will China’s economy get the expected reopening bump?
Read the monthly currency news from the OFX currency specialists and keep informed on the macroeconomics of future currency movements in the coming month.
Previous Currency Outlook articles
|March 2023||China might not get the reopening bump expected|
|February 2023||US sends mixed messages as economy attempts to cool|
|December 2022||What China’s pivot from COVID-zero could mean for currencies|
|November 2022||5 key factors that could impact exchange rates in 2023|
|October 2022||A matter of Truss: UK backtracks as pound plummets|
|August 2022||Euro falls to parity against US dollar, what’s next?|
|July 2022||FX volatility ahead as central banks walk tightrope|
|June 2022||Currencies and the race to hike rates|
|May 2022||China’s COVID lockdown ripples through financial markets|
|April 2022||Commodity price chaos|
|March 2022||Geopolitical shocks and currencies|
|February 2022||How treasury bonds and interest rate changes impact currencies|
|December 2021||Omicron brings uncertainty back into currency markets|