Because the 12 months begins, main central banks are on fully totally different trajectories.
The Fed is reducing whereas the BoJ is climbing, the ECB is on maintain whereas the BoE continues reducing, and the RBA is considering tightening whereas the RBNZ has completed easing.
Central banks all over the world are shifting in additional totally different instructions proper now than they’ve at any level within the final decade!
The place does this depart forex markets?
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