“This week’s growth revisions have underpinned the downside risk to global activity this year,” points out Rabobank’s Senior FX Strategist Jane Foley. Key quotes “Although risky assets have had a good start to the year on the back of the more dovish outlook of the Federal Reserve and (potentially misplaced) optimism regarding a US-China trade deal, slowing global growth is not conducive with strengthening risk appetite.” “In our view risk aversion is set to rise this year and in this environment the USD is likely to perform well against a broad basket of ‘risky’ currencies including many from the EM universe in addition to the AUD and the NZD. We see risk that EUR/USD could retreat towards 1.12 on a 3 to 6 mth view mostly on the back of EUR weakness.” 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 GBP/USD Technical Analysis: Sterling ending the week near 1.2930 level FX Street 4 years "This week's growth revisions have underpinned the downside risk to global activity this year," points out Rabobank's Senior FX Strategist Jane Foley. Key quotes "Although risky assets have had a good start to the year on the back of the more dovish outlook of the Federal Reserve and (potentially misplaced) optimism regarding a US-China trade deal, slowing global growth is not conducive with strengthening risk appetite." "In our view risk aversion is set to rise this year and in this environment the USD is likely to perform well against a broad basket of 'risky' currencies including many from the EM… 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.
