The FX Market in 2017: Expect the Unexpected
The FX market experienced a high degree of volatility in 2016, and that is expected to continue in the coming year. In 2017, many currencies will be impacted by geopolitical forces and subdued GDP growth. The major currencies likely to experience major volatility are the GBP, EUR, USD and AUD. Here are a few events to watch that may have a significant impact on the global foreign exchange market in 2017.
· Brexit : 12 Key Points Of Brexit Plan; Implications For GBP Outlook
· U.S. Administration Change: Trump and the Dollar
· Yuan Volatility Likely in 2017
· The Australian Dollar Faces Some Challenges in 2017
· Bitcoin Volatility and Regulation Outlook
Check out today’s FX rates: https://marketdepth.fortex.com/?lang=en
Fortex is the leading FX trading platform with $12 billion in currency trades and 500,000 tickets a day for traders around the world. Founded in 1997, Fortex continues to revolutionize trading as the industry’s only neutral multi-asset trading platform for the equities, options, futures, and foreign exchange markets. With direct, real-time access to electronic exchanges, Fortex is used by broker dealers, market makers, floor traders, mutual funds, banks, hedge funds, and professional investors around the world to accelerate trade execution and support sophisticated trading strategies.