Group 1 - The core viewpoint is that currency volatility is expected to continue decreasing in the upcoming year due to clear central bank policy paths [1][2] - The indicator measuring the one-month volatility of G10 currencies has dropped to 5.81%, the lowest since 2022 [1][2] - The one-month volatility rates for the British pound and euro have reached their lowest levels since 2014 and July 2024, respectively [1][2] Group 2 - MacroHive forex strategists indicate that global factors influencing currency movements are converging, suggesting market expectations of "low near-term risks" [1][2] - The Federal Reserve is preparing for further interest rate cuts next year, with the Bank of England likely to follow suit [1][2] - Central banks in Sweden, Norway, and Switzerland are expected to maintain interest rates for an extended period, while the Bank of Japan may be one of the few exceptions considering tightening monetary policy [1][2]
货币市场：2024年末波动降至多年低位，明年或延续趋稳
Sou Hu Cai Jing·2025-12-18 22:41