FX markets got off to a quiet start in 2024, but critical events are looming for the year ahead.
After a drop in price pressures markets anticipate rate cuts from central banks, but what if increasing tensions in the Middle East and the Red Sea cause a rebound in inflation? Meanwhile, 60 countries — equaling more than 50% of the world’s GDP — will hold elections this year, positioning geopolitics to have significant influence over 2024, especially the US election scheduled for November.
Convera’s February Global FX Outlook breaks down the macro themes shaping market volatility to help you uncover new opportunities and make informed decisions.
With in-depth regional currency analyses, future scenarios for a wide range of key FX pairs, and insights into the potential fallout from high-stakes elections, you can navigate cross-border trade with confidence. Plus, explore the report with Convera’s experts in our latest on-demand webinar.