Unusual suspects boosted by the return of rate differentials

Investors seeking value trades outside of the majors, with interest rates at 1.25% in the US, 3.25% in the eurozone and 0.1% in Japan, have bolstered currencies such as the South African rand, New Zealand dollar and the Norwegian krone. And the increasing level of risk-taking amongst investors is supporting the trend, said analysts.

"The two have to go together," said Karen Pringle, senior currency strategist at ANZ Investment Bank. "Without [reduced risk aversion], we wouldn’t have seen the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: