Monthly Market Outlook – February 2021
– Hear from the Experts.
Western Union Business Solutions Monthly Currency Outlook (MCO) provides currency analysis and market forecasts from local and global experts. The MCO highlights the key events and drivers likely to impact foreign exchange currency markets in the weeks ahead, providing you with insights to help manage FX risk, plan international payments with less uncertainty and optimise cash flow.
In this month’s outlook:
- The AUD accelerated to multi-year highs in January as equity markets around the globe continued higher.
- Global shares were boosted by the resolution to the US presidential election while a conclusion in talks between the UK and EU also helped.
- RBA governor Philip Lowe speech on 3 February will likely set out the RBA’s thinking for 2021.
To download the MCO click here