Your August Currency Outlook – Courtesy of OFX

Posted by Kristin Whitlock on August 17, 2020
With the global economy in constant flux it can be hard to keep track of currency markets. At OFX, we monitor global events and FX markets day and night, so you don’t have to.
What are the market insights you need to know now?
Last week the USD showed weakness against a basket of G10 currencies, dropping to its lowest level in 2 years. Could this be the end of a period of dominance? Our OFXperts weigh in.
Our OFXperts examine what escalating trade tensions between major players in the global economy could mean for currencies.
Have you got a transfer on the horizon? Our one-page guide breaks down what’s happening in the major currencies now, and what could be in store in the next month.
Download August Update

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