BEST FX TRADE FOR 2016

摘要

Picking a favorite FX trade for 2016 is tricky because of the length of time and increasing volatility in global markets. One currency pair stands out: GBP/JPY. More damage is seen in the British pound ahead, especially against the Japanese yen. The sterling's decline caught the market's attention in October when a combination of negative inflation figures and stalling business activity pushed expectations of a Bank of England (BoE) rate hike beyond Q2 2016. Plummeting oil prices and the previous impact of the strong pound have made "deflation" a regular term among the mainstream media.