If you thought 2026 was going to be any less full of risk for currency markets, geopolitics and the global economy you’ll already have had a rude awakening, although not as rude as that of Nicolas Maduro early…
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America’s textbook military capture of Maduro suggests little risk for further downside ramifications just yet, but a ‘risk off’ mode (where higher risk sends investors to safer assets) appears so far to be favouring the US dollar. In…
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The ongoing market reaction after the Venezuela attack will be instructive. Will the euro be seen as a safe haven currency or will it weaken? Following Friday’s disappointing manufacturing PMI across the bloc, we’ll hear services tomorrow. We’ll…
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Sterling ended last week still at – or close to – a four-month high on USD, and despite early support for the dollar we are in a volatile situation. Later this morning we’ll be getting some Bank of…
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The fact that it was on a Friday night that American forces captured President Maduro of Venezuela and announced they would run the country now, has given the currency markets a couple of days to work out the…
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A new year may bring an optimistic outlook for business and individuals but it looks in short supply for a dollar already blighted by the likelihood of a more doveish Federal Reserve when Jerome Powell leaves his post…
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Since the start of summer the euro has been cruising along at high altitude against the US dollar (13% stronger than the early part of the year) and there is no sign of that slackening off just yet.…
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A quiet festive season for sterling saw it maintain its position at around 1.75% stronger on USD than the start of the month and 7.5% on the start of the year. It’s not much less positive in the…
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