The FX Market in 2017: Expect the Unexpected
The FX market experienced a high degree of volatility in 2016, and that is expected to continue in the coming year. In 2017, many currencies will be impacted by geopolitical forces and subdued GDP growth. The major currencies likely to experience major volatility are the GBP, EUR, USD and AUD. Here are a few events to watch that may have a significant impact on the global foreign exchange market in 2017.
· Brexit : 12 Key Points Of Brexit Plan; Implications For GBP Outlook
https://www.forexcrunch.com/gbp-12-key-points-brexit-plan-implications-gbp-outlook-btmu
· U.S. Administration Change: Trump and the Dollar
http://www.usatoday.com/story/money/markets/2017/01/19/trump-dollar/96719578/
· Yuan Volatility Likely in 2017
· The Australian Dollar Faces Some Challenges in 2017
https://www.fxempire.com/forecasts/article/2017-audusd-annual-forecast-380860
· Bitcoin Volatility and Regulation Outlook
http://www.businessinsider.com/bitcoin-the-future-or-just-a-gamble-2017-1
Check out today’s FX rates: https://marketdepth.fortex.com/?lang=en
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