by Julian Benson | Oct 11, 2023
The Mexican peso gained 1.85% against the US dollar yesterday following dovish comments from the Federal Reserve. This movement was influenced by the plunge in US Treasury bond yields. For more on currencies and currency risk management strategies, please get in touch...
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by Julian Benson | Oct 11, 2023
European shares are slightly down this morning, following a rally on Tuesday fuelled by US policymakers’ dovish stance. Frankfurt’s DAX 40 dropped 0.3% and the pan-European STOXX 600 lost around 0.2%.
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by Julian Benson | Oct 11, 2023
Pound investors are betting on August’s GDP figures from the Office for National Statistics to boost the currency. Markets forecast a 0.1% growth following a 0.5% decline in July.
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by Julian Benson | Oct 11, 2023
The pound and euro rebounded against the US dollar on Tuesday, gaining 0.65% and 0.7%, respectively as the market mood improved. Sterling’s advances came following hawkish commentary from Bank of England policymaker, Katherine Mann, who called for a more aggressive...
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by Charles Purdy | Oct 11, 2023
Sterling has continued its recovery, gaining roughly 0.5% against the euro since the start of the month and 1% against the US dollar. The movements in currencies have been extremely hard to predict lately, influenced by bond yields, gas supplies, interest rates,...
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