Foreseeable currency drivers for 2017
AS this eventful year for currencies comes to an end, it is time to prepare for the next. Here are four events that we foresee will move currency markets in 2017.
For the US, the markets will be intently watching the economic policies, such as fiscal expansion, that Donald Trump will implement. This would lead to stronger US economic growth, strengthening the US dollar. Fiscal expansion would also lead to increasing inflation which is a positive driver for gold. The trade and immigration restrictions which Mr Trump may implement would, however, have the opposite effect on the US dollar. The US Federal Reserve ma…
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