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Focus - Currency Matters June 2023

Currency rates are expected to be in play over the summer. The Fed is pausing, the ECB, RBA, RBNZ and Bank of Canada are raising rates. The BoE and SNB may raise rates further as well, while the Bank of Japan still has negative rates, yield curve control and quantitative easing stimulus in place!

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The currency market is at a key juncture. Major central banks may be near their 'peak' rate for this cycle, while the Bank of Japan has kept rates below 0% and is still offering a lot of stimulus to t

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