FX Forecast

Pound sterling vs euro rate down 0.68% so far in Friday’s session. Pound falls after UK PMI confirms record low

AUD and SEK to out-perform other G10 currencies. AUD vs USD rate could see the US dollar looking vulnerable. G10

USD vs HKD rate hits upper limit of 7.75 HKD driven by Chinese invetment on the Hong Kong Stock Market

Dollar index down 0.13% USD sees small retreat after 2-week high yesterday Safe-haven currencies remain largely supported USD edged lower

Volatility liable to ease slightly Overall volatility in major currencies is likely to remain slightly lower as massive liquidity injections

Volatility liable to ease slightly Volatility levels in currency markets could still be high, but there is slightly less cope

High volatility will persist Volatility levels in currency markets will remain high in the short term. European and Canadian markets

High volatility will continue Currency market volatility may subside slightly from extreme levels, especially if financial-market instability fears remain lower,

High volatility will continue Currency market volatility will remain extremely high in the short term. As coronavirus developments continue, there