Dollar regains safe-haven appeal

The dollar was slightly stronger yesterday as its safe-haven appeal came into play again. This was a result of meeting minutes from the Federal Reserve, which expressed worries over the US economy, and jobless claims data.

Weekly US jobless claims on Thursday once again surged over 1 million. The number of Americans filing a new claim for unemployment benefits rose unexpectedly to 1.106 million for the week ending the 15th of August, from the 971,000 the week before.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 7898 0500 or your Private Client trader on 020 7898 0541.

Get a quote or
Thank you call handler
Speak to an expert 020 7898 0541

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.

Make a referral
Share to...
BlueskyBufferCopyFlipboardLinkedInMastodonMessengerMixPinterestPocketPrintRedditSMSTelegramThreadsTumblrWhatsApp