Webinar: Central Bank Weekly: FOMC Can’t Stop the Dollar Drop - What’s Next?
Upcoming Webinars for Week of July 30 to August 4, 2017
Friday at 8:15 EDT/12:15 GMT: Live Event Coverage: US NFPs (JUL)
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In this webinar I discuss the major central banks' monetary policies and their implications for FX markets at the beginning of August. This past week, we've heard from the Reserve Bank of Australia and the Bank of England, both of whom provoked significant moves in the Australian Dollar and the British Pound, respectively.
Now, it appears that several AUD-crosses and GBP-crosses may be approaching turning points after unfettered strength over the past several weeks. Retail crowd positioning has made some dramatic shifts over the past week in both AUD/USD and GBP/USD, suggesting that the US Dollar's recent streak of weakness may be nearing its ending point.
Topics covered include:
- What needs to happen for markets to embrace the Fed's view on rate hikes and would it help stabilize the US Dollar?
- Why is it a warning sign for risk appetite that the Japanese Yen is starting to turn the corner?
--- Written by Christopher Vecchio, Senior Currency Strategist
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