The USD, EUR and JPY are set to continue with their zero rates policy and QE strategies for some time to come but it’s now becoming clearer that the other major currencies will have different agendas. If you’re a macro or real money player looking for yield or even as a basic ‘store of value’ then you will almost certainly eschew the big 3 in favour of the GBP, NOK, AUD, CAD, NZD etc.
This is likely to be the major trend for the rest of this year in my view.
There will of course be some swing trade opportunities amongst all the major pairs but the trends are becoming even stronger.