DRR - G10 FX Week Ahead: Walk The Line
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
USD: Delicate exit from lockdown
- This week the DXY looks set to trade well within April’s range. Risk assets have a slightly bid tone as governments slowly implement lockdown exit strategies – balancing the costs of closed economies against social health. Assuming there is not a noticeable spike in cases among the early openers, a slight bid for risk assets should limit the dollar’s advance. We doubt US data