Strategists expect the US-China trade war to dominate the proceeding in the FX markets in coming months. Federal Reserve’s actions will influence markets for the rest of the year. Group of 10 currencies will be driven by the US-China trade war and actions by the US Federal Reserve (Fed) in coming months, while economic data from other countries are expected to take a backseat, according to latest Reuters poll of 80 foreign exchange strategists conducted between Aug. 29-Sept. 4. Key quotes (Source: Reuters) A majority of economists polled said the major currencies will have gained ground against the US Dollar a year from now. Nearly two-thirds of 48 analysts said the risks to their dollar outlook was skewed more to the upside. 28 of 50 analysts said G10 currency moves would mostly be driven by the US-China trade war. Over a third expected the Fed action to dominate markets for the rest of the year. 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 USD/IDR technical analysis: 3-week-old support-line restricts declines below 200-bar SMA FX Street 4 years Strategists expect the US-China trade war to dominate the proceeding in the FX markets in coming months. Federal Reserve's actions will influence markets for the rest of the year. Group of 10 currencies will be driven by the US-China trade war and actions by the US Federal Reserve (Fed) in coming months, while economic data from other countries are expected to take a backseat, according to latest Reuters poll of 80 foreign exchange strategists conducted between Aug. 29-Sept. 4. Key quotes (Source: Reuters) A majority of economists polled said the major currencies will have gained ground against… Regulated 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.
