European interest rates to steal the show

Despite minimal volatility in the broad dollar index, this week showed some divergence in dollar pairs. Specifically, the Hungarian forint, Brazilian real, Antipodean currencies, and the Canadian dollar caught our eye. In the meantime, China’s economy expanded at a rapid clip, while UK inflation showed no end to the cost of living crisis. Next week, markets will pay the closest attention to European interest rates, with several Eurozone economies publishing inflation data, as well as monetary policy decisions in Sweden and Hungary. Our latest “Questions from the floor” discusses these upcoming events as well as common questions we’ve received from our clients.

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Authors: 

Simon Harvey, Head of FX Analysis

Jay Zhao-Murray, FX Market Analyst

María Marcos, FX Market Analyst

Nick Rees, FX Market Analyst

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