DCHF - G10 FX Week Ahead: When The Music's Over

By Chris Turner, Global Head of Markets and Regional Head of Research & Petr Krpata, Chief EMEA FX and IR Strategist & Francesco Pesole, FX Strategist

The “music” for stock markets has stopped and concerns about the USD funding markets have taken over and generated high volatility in FX – with the USD the only winner. We think the Fed has addressed these issues, but restoring confidence will take time. For now, the dollar may remain bid, which could re-open the door for FX intervention speculation

DXY: Where did all the dollars go?

• Ever since