Several key themes kept FX markets on their toes in 2018, but it was the US dollar that reigned supreme, gaining against all its major trading partners.
The strength of the US dollar was largely down to two key elements:
Staggeringly the NZD/USD and AUD/USD both traded in wider ranges than the GBP/USD – despite the chaotic environment in British politics.
Meanwhile the USD/CAD shifted just 8.4% across the year, as US dollar strength was kept in check by three interest rate hikes from the Bank of Canada.
Many of these themes look likely to play a part in 2019 – but the landscape has shifted significantly.
Read on to learn what themes will likely play out for the rest of this year…
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