Although major events in 2019 such as international trade tensions and Brexit have hit the global forex market, causing fluctuation in some
currency pairs, the general volatility of G10 currencies year to date
has been significantly lower than previous years. Unless December sees
some serious“black swan events”, the forex market may experience its
lowest volatility since 1996 in this year.To get more news about
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Volatility of the forex market with a US$5.1 trillion daily turnover
has been subdued, while multiple factors will make it difficult for the
USD index to maintain its strong momentum in 2020. USDX will probably
fluctuate between 95-98 throughout 2020, and will be more likely to
weaken due to uncertainties in international trade outlook, global
economic slowdown and remaining possibility of US Federal Reserve rate
cut.
