US Federal Reserve
With three rate hikes apparently on the docket for the Federal Reserve, 2017 could be a year where the USD leaves other currencies in the dust.
The long-awaited and much-feared US Fed hike will end up being anti-climactic.
Whether it comes this week or later, a Fed hike will have a destabilizing effect on emerging markets already grappling with tepid global growth.
Market turmoil is making the Fed’s September decision a lot more complicated than it seemed a month ago.