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G10 FX Week Ahead: Pausing for a breath
We expect the dollar bear trend to take a breather in a week packed with risk events. Biden’s inauguration may be accompanied by civil unrest and Trump’s impeachment trial, the EUR may edge below 1.20 with the ECB meeting, EU summit and Italy’s political crisis in focus, while the BoJ, BoC and Norges Bank meetings should have limited FX impact • Washington will very much be the focus of the world’s attention this coming week as Joe Biden is inaugurated as the 46th US President on Wednesday. It would seem unlikely that we see a repeat of the civil unrest witnessed on Capitol Hill, but progress on impeachment ... (full story)