Source: OFXCurrency markets are set for another volatile month as resilient US economic data, diverging central bank policies and geopolitical uncertainty continue to weigh on investor confidence, according to OFX’s latest Monthly Currency Outlook. OFX Director, Luke Czirok, said currency markets are likely to remain highly sensitive to interest rate expectations and economic data. At the same time, differing approaches from the world’s major central banks – particularly the US Federal Reserve, European Central Bank, Bank of Japan and Bank of England – are creating greater uncertainty for investors and businesses exposed to international markets. China’s economic outlook, commodity markets and global interest rate expectations are expected to remain the key drivers for the currency. The Canadian dollar, Singapore dollar and Hong Kong dollar also remain heavily influenced by US dollar strength, with investors closely monitoring upcoming central bank decisions and economic data releases for further direction.