Mysteries Pile Up in FX Market, From Fed's Path to China Growth
- Amundi Pioneer sees slowing U.S. rate hikes denting dollar
- But Eurizon SLJ expects weak global economy to favor greenback
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Investors in the $5.1 trillion-a-day currency market have some big questions hanging over their heads as they chart a road map for the year ahead.
Among the major themes they must tackle: a potential end to the Federal Reserve’s tightening cycle, a Chinese economic slowdown exacerbated by trade friction, and the outlook for global growth after the International Monetary Fund just downgraded its forecast for the second time in three months.