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Focus - Currency Matters August 2022

Major central banks continued to raise rates over the last month, and seem set to continue to do so. FX market participants are trying to gauge if inflation is peaking and what this means for the rate hike cycle for each central bank. The 'buy the rumour, sell the fact' risk for USD gains is still clear as well as the USD gave up ground against the major FX rates.

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Focus - Currency Matters February 2024

Expectations of early central bank rate cuts were reappraised over the last month. We maintain our view that the USD is liable to slip this year. Key levels are in play in USD/JPY, but we expect a Y14

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