The government shutdown has rumbled on for almost a month, but 1 November is the date where the proverbial might really hit the fan. That’s because funding for several key welfare initiatives (including the Snap programme, otherwise known as food stamps) is set to expire and millions of Americans could be hit by massively increased health insurance premiums. We’ll see how much appetite there is for more grandstanding once those changes go through.
EUR/USD: the past year
From To
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.
