We are in an era of accelerating change, moving toward a future that will be profoundly different from the past we grew up in. But what will the nature of that change be? What will the future look like?
The euro is at somewhat of an impasse. It remains in a fairly pronounced medium-term downtrend against the US dollar in the context of many years of strength.
The British pound slipped to a 10-month low against the U.S. dollar as the economic docket reinforced a weakened outlook for the UK, and fears of a protracted recovery.
Last week's developments both in the UK and the euro area may encourage a correction of the Swiss franc's recent gains against their respective currencies.
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