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Jul 07 - 02:55 PM

G10: Summer Of Risk: USD, JPY, And CHF To Keep Outperforming; Commodity FX To Remain Vulnerable - ING

By eFXdata  —  Jul 07 - 01:30 PM

ING Research summarizes its key FX outlook over the Summer.

"The strong dollar is also forcing trading partners to have to hike more aggressively too, as well as intervene in FX markets to protect their currencies," ING notes. 

"Given a difficult summer for risk, expect continued outperformance of the dollar, yen, and Swiss franc, while high beta (especially in Europe) and commodity FX will remain vulnerable," ING adds. 

Source:
ING Research/Market Commentary

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