By Jamie Jemmeson ACSI, MSTA at Infinity International
We have collected the views of over 40 financial institutions and distilled this, to articulate a single view of the high, low and mean forecasts for the next 12 months.
It is fair to say, that so far in 2020, financial markets have been very unpredictable; few could have predicted a global lockdown situation. As the global economy emerges from lockdown restriction it is interesting to see that financial institutions are split on what this means for currencies.
“The lesson of history is that you do not get a sustained
economic recovery as long as the financial system is in crisis.”
Download the PDF report for the details: Infinity_FX July Forecasts
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This blog post is intended to provide you with information on the services Infinity International Limited (IIFX) offer and should not be interpreted as advice or as a solicitation to offer to buy or sell any currency or as a recommendation to trade. Foreign exchange rates provided therein are for indicative purposes only and are not intended to give an accurate reflection of current currency exchange rates or to predict future movements in currency exchange rates. IIFX is a company registered in England with registered number 06333730 and registered address at Third Floor, 24 Chiswell Street, London, United Kingdom, EC1Y 4YX. IIFX is authorised by the Financial Conduct Authority under the Payment Service Regulations 2017 (FRN: 567835) for the provision of payment services. IIFX is authorised and regulated by the Financial Conduct Authority in the conduct of designated investment business (FRN: 671108).