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FX year ahead 2022: Brace for volatility
video It has been an exceptional year for the US dollar, which defied all the doom and gloom predictions to gain more than 10% against the Japanese yen. The resurgence of inflation has turned the tables with many central banks hitting the brakes, and this theme will likely persist into 2022. The dollar could continue to perform well as the Fed tightens and global growth cools, although inflation is a wild card. Politics will also return to the spotlight, with the French presidential election and the US midterms coming up. How quickly narratives can turn around. This year started with the assumption that the major ... (full story)