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FX Market Summary Report

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Presentation on theme: "FX Market Summary Report"— Presentation transcript:

1 FX Market Summary Report
Hedgetrackers.com

2 FX Market Summary Report
GBPUSD: The pound started off slow but gained over the month as Brexit concerns begin to subside and the markets believe a "soft brexit" will occur FX Market Summary Report Hedgetrackers.com

3 FX Market Summary Report
JPYUSD: USD gains its losses back after Trump tax plan boosted outlook for the Dollar Spot Rate FX Market Summary Report Hedgetrackers.com

4 FX Market Summary Report
Trend Line Iron ore recovers, bringing AUD back up AUD rises due to decline of USD Price of iron ore declines as supply is greater than demand. AUD is largely affected by the movement of iron ore. Spot Rate AUDUSD: FX Market Summary Report Hedgetrackers.com

5 FX Market Summary Report
Spot Rate USDCAD: A drop in the price of crude oil caused CAD to gain. v CAD is affected by to changes in the price of crude oil, due to their inverse relationship. Selling pressure increased after Trumps comments suggested he favored lower US interest rates and that the US Dollar is getting too strong. FX Market Summary Report Hedgetrackers.com Trend Line

6 FX Market Summary Report
USDCNY: Trend Line Central bank has been spending foreign currency to help bolster the yuan. Low expectations due to structural changes in domestic foreign exchange transactions cause the yuan to decline. Foreign currency spending and foreign exchange transactions drive the price of the yuan this month. Spot Rate Hedgetrackers.com FX Market Summary Report

7 FX Market Summary Report
Rupee moderately increases because of gains in the regional stock markets. USDINR: Increased demand for USD and a lower opening in the domestic equity market causes rupee to fall. Trend Line INR movement is largely attributed to its movements in the stock market. Spot Rate FX Market Summary Report Hedgetrackers.com


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