How’s the FX environment in 2017? – Interview with QCAM CEO Thomas Suter about our assessment of the global economy and development of the currencies.
The macro perspective
Two labour market indicators, two conclusions – US unemployment has fallen lately to 4.6%, its lowest level since 2007. Meanwhile, in the Eurozone unemployment is more than twice as high. But looking at the development of the employment ratio, a surprisingly different picture emerges.
FX market talk
Mario Draghi’s bag of tricks – The ECB has extended its bond purchasing program for nine more months. Will this suffice to support the US dollar appreciation in the long run?