Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Global Head of Macro Strategy
Summary: The FX Breakout Monitor shows few new developments today as the recent extension lower in many euro crosses was rejected as the euro rallied strongly in reaction to yesterday's ECB meeting. Next week will inevitably prove important for USD pairs over the FOMC meeting on Wednesday.