In its latest FX outlook for H2 2018, the Barclays Research Team notes that the US dollar is likely to be the preferred currency amid trade war fears and Fed’s monetary policy tightening. Key Quotes: “The USD likely to strengthen a little against the EUR and weaken a little against the JPY. Our year-end forecast for the EURUSD and USDJPY crosses are 1.12 and 107, respectively. The one persistent trend in currencies should be the continued weakness of emerging markets against the USD. Given the backdrop of rising trade frictions that should disproportionately affect EM, the earlier mentioned rise in US short-term rates, as well as country-specific challenges in some high profile EM economies, EM currencies still do not offer compelling value. We expect USDCNY and USDINR to finish the year at 6.6 and 72, respectively.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China’s Yuan drops to lowest since December 28 FX Street 4 years In its latest FX outlook for H2 2018, the Barclays Research Team notes that the US dollar is likely to be the preferred currency amid trade war fears and Fed's monetary policy tightening. Key Quotes: "The USD likely to strengthen a little against the EUR and weaken a little against the JPY. Our year-end forecast for the EURUSD and USDJPY crosses are 1.12 and 107, respectively. The one persistent trend in currencies should be the continued weakness of emerging markets against the USD. Given the backdrop of rising trade frictions that should disproportionately affect EM, the earlier mentioned rise… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
