- François Dupuis, Vice-President and Chief Economist • Hendrix Vachon, Senior Economist
Economic Viewpoint
Is Higher Volatility in Emerging Country Currencies Something to Worry About?
July 4, 2018
Volatility on the foreign exchange market has been increasing since mid-April. Greater monetary tightening is now expected in the United States, driving up the U.S. dollar. Currency volatility is also a reflection of a stronger aversion to risk, fuelled recently by the spike in oil prices, the resurgence in financial tensions in the euro zone and the escalation of protectionist measures.
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