by Julian Benson | Apr 12, 2023
The International Monetary Fund revised its global growth forecasts yesterday and sees the US economy expanding 1.6% in 2023, slightly more than the 1.3% forecasted in January of this year. For more on currencies and currency risk management strategies, please get in...
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by Julian Benson | Apr 12, 2023
Yesterday afternoon Germany’s DAX gained close to 0.8%, hitting its highest level since January 2022 following comments from the IMF that suggested high interest rates were “likely to be temporary”.
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by Julian Benson | Apr 12, 2023
Tomorrow morning the Office for National Statistics (ONS) will reveal the British economy’s GDP for the month of March. It is expected to expand 0.3% month-over-month, but experts don’t expect the economy to have expanded since this time last...
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by Julian Benson | Apr 12, 2023
The pound and euro continued to rally against a weaker US dollar yesterday, gaining 0.5% and 0.7% respectively throughout the course of the day. The pound struggled to maintain those gains but the euro remains 0.25% higher against the US dollar this morning. On...
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by Charles Purdy | Apr 12, 2023
Sterling fell slightly against most currencies yesterday – the start of the trading week in the UK if not elsewhere – especially against the euro. However, this appears to be more a result of the euro strengthening than any particularly bad news on the sterling side...
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