DCHF - G10 FX Week Ahead: Easter Hunt
By Chris Turner, Global Head of Markets and Regional Head of Research, Francesco Pesole, FX Strategist and Petr Krpata, Chief EMEA FX and IR Strategist
Easter brought along more evidence that the USD has topped and therefore started the hunt for the best value for money in G10. We are still reluctant to buy into the AUD and the commodity bloc’s rally and see instead more value in the low-yielders EUR and JPY.
USD: Safe haven premium eroding
- The dollar is starting to edge lower as confidence very slowly returns to financial markets and