Betting against central banks still a very dangerous game

"Dollar appreciation has been stopped in its tracks as markets reassess Fed policy," panellists argue at FX Week Australia

Donald Trump
A Donald Trump presidency would likely bring a global market event

Betting against central banks is still a highly dangerous strategy, despite increasing questions regarding the efficacy of their policies aimed at stimulating growth, delegates heard at the second annual FX Week Australia conference.

Panellists largely agreed that global monetary policy is now principally about weakening exchange rates, but expressed doubt it would ultimately work, pointing to Japan as a case in point.

"You can't tell me the European view is not ultimately about getting [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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets 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: