27
Nov
No impact of stock market volatility on foreign exchange markets
Dollar temporarily at an advantage. Euro expected to rise. Depreciation of the franc.
Upswing in emerging currencies. Pound still hostage to Brexit. Weak yen.
Key points
- The increase in stock market volatility did not significantly impact foreign exchange markets
- Limited rise of the trade-weighted dollar
- The increasing pace of growth is temporarily lending strength to the Swiss franc
- Swiss franc to depreciate in 2019
- Still some stability for the Euro
- Dollar at an advantage until the end of the year
- US dollar comparatively less attractive in 2019
- Upswing in emerging currencies
- Yen to weaken further in Q1
- Pound remains hostage to Brexit
- The Yuan is increasingly international
