Foreign Exchange: Outlook for Fourth Quarter 2023

Foreign Exchange: Outlook for Fourth Quarter 2023

October 30, 2023

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In our latest FX quarterly, strategists share the key considerations for global markets following recent volatility, BRICS expansion and the road ahead as markets looks to restabilize.

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In the latest FX Quarterly, BBH discuss the major themes in Q4 including:

Slower global growth: From Europe, to China, and now the U.S., an extended slowdown period and tight liquidity is expected
Instability in the U.S.: While the U.S. is not a stranger to discourse across the political and social landscape, with rising concerns of a shutdown and widening labor strikes, the U.S. faces several risks ahead
BRICS expansion: With Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE announced to join BRICS in late August, changes are expected in the coming years as stronger players enter the geopolitical stage

FX Quarterly Q4 Publication 2023

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FX Quarterly: Proving Forecasts Wrong

In the second FX quarterly of the year, strategists examine how the major investment themes that held at the beginning of the year have been proven wrong.

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