The strategy guide for currencies at Saxo Bank, Charu Chandan, predicts that additional shocks are expected in the currency market in the fourth quarter of 2024. She expressed concerns about the potentially negative consequences for the currency due to central banks around the world resorting to a reduction in the volume of national monetary-credit stimuli and attempts to raise interest rates, which could create waves in international market relations. She also noted that Chandan highlighted potential risks associated with tensions that may arise when central banks begin to act. According to her words, this could lead to pressure on markets for income securities and stocks at that moment when financial organizations change their approaches to lending.
