• 
• See all for FXstreet.com
• View Print Version

FXstreet.com (Barcelona) - In many ways the market outlook moving forward is positive as the US fiscal cliff has been averted. Liquidity is plentiful and coming from many directions. Now that the global FX race to the bottom has been thoroughly engaged in Tokyo, the funding currency catfight clearly has extended to JPY. Moreover, growth seems to have bottomed in China - and it is holding in reasonably well elsewhere in Asia.

According to the RBS Research Team, "This may not be enough to drive a sharp rebound in Asian economies, but could still improve the attraction of regional growth sufficiently enough to drive currency appreciation."

"We think a couple themes will pre-occupy market attention in the next few months: the first three are essentially the same three themes of the last three years - how goes the US economy and what are the consequent implications for Fed policy; the Euro debt crisis; and the outlook for global growth in general. The second three focus on risks -- geopolitical risk, the risk of a more aggressive BoJ, and the risk that more activist central bank policy degenerates into greater trade and/or financial protectionism." the team notes.

Related Forex and Currencies Articles

• 
  Forex - Dollar holds steady ahead of Fed meet, data softens slightly
  6/18/2013 12:29 PM
• 
  Natural gas extends gains as weather forecasts point to warming trend
  6/18/2013 11:29 AM
• 
  Forex - GBP/USD drops despite U.S. inflation data, eyes Fed meet
  6/18/2013 11:29 AM