What’s Next for Currency Markets in 2016?
December 10, 2015
This year provided more than its fair share of drama in the currency markets, an astonishing move seen in the Swiss franc as the Swiss National Bank abandoned its ceiling against the euro through to the near exit of Greece from the euro-area. So what’s in store for 2016? If we are in an environment where the only thing that matters to investors is monetary and currency policy settings then it is reasonable to argue that there is the potential for a bubble to build. From oil price weakness to dollar strength, BNY Mellon’s chief currency strategist Simon Derrick discusses the big issues that will drive markets in 2016.