The interesting injection of volatility elsewhere this week revealed once again that FX is slow to react to inter-market developments. 

According to Saxo Markets - there are subplots within the G10 abound however, as the USD and JPY race are joined in the race to the bottom in recent sessions by the kiwi, while European currencies, led by NOK, have risen to the top.

To find out more we spoke to John Hardy, Head of FX Strategy, Saxo markets.

The interesting injection of volatility elsewhere this week revealed once again that FX is slow to react to inter-market developments.&nbsp;
According to Saxo Markets - there are subplots within the G10 abound however, as the USD and JPY race are joined in the race to the bottom in recent sessions by the kiwi, while European currencies, led by NOK, have risen to the top.
To find out more we spoke to John Hardy, Head of FX Strategy, Saxo markets.

Advertisement