ARTICLE
October 30th, 2017 Overview 2018 is shaping up to be a year defined by significant volatility and continued uncertainty. While consensus has developed around near term US monetary policy, timing and direction of US fiscal policy are anything but certain, and the combined effect of both is unpredictable. Developments beyond our borders, among them Brexit, central bank actions, and geopolitics will also play a pivotal role in currency movements in the coming year, and are all subject to a range of outcomes. Below are a number of key themes for the year ahead, as well as a deeper dive into the outlook for a number of the majors. View the Full Report Jump to 2018 Themes: Rising Yields and the Challenge to Asset Markets US Fiscal Policy - A Damp Squib? Brexit - Now it Gets Serious Europe and Japan - The Tortoises Catching Up Valuation Geopolitics - The Perennial Wildcard Jump to 2018 Currency Outlooks: EUR/USD GBP/USD USD/CAD USD/MXN USD/JPY USD/CNY
Overview
2018 is shaping up to be a year defined by significant volatility and continued uncertainty. While consensus has developed around near term US monetary policy, timing and direction of US fiscal policy are anything but certain, and the combined effect of both is unpredictable. Developments beyond our borders, among them Brexit, central bank actions, and geopolitics will also play a pivotal role in currency movements in the coming year, and are all subject to a range of outcomes.
Below are a number of key themes for the year ahead, as well as a deeper dive into the outlook for a number of the majors.