The global economy is undergoing a significant shift, with central banks around the world adopting a more accommodative stance and investors eagerly embracing the beginning of the easing cycle.
This positive momentum has been reflected in the performance of key market indicators. The European equity benchmark has risen for seven consecutive weeks, the S&P 500 posted a year-to-date gain of 10%, and the USD continues to reign supreme.
At the same time, the Bank of Japan (BoJ) ended eight years of negative interest rates in March. The yen weakened and Japanese government bond yields fell in a classic case of ‘buy the rumor, sell the fact.’
Is this the first sign of monetary policy beginning to drive FX volatility again?
Convera’s Global Economic Outlook for April provides the in-depth regional currency analysis you need to navigate cross-border trade with confidence. Download the report or watch our latest on-demand webinar below.
