USD: Dollar strong ahead of Biden meeting G7 leaders

The dollar is stronger against a basket of currencies this morning, benefitting from its status as a ‘safe-haven’ currency following Russia’s invasion of Ukraine.

Today, President Biden said he will be meeting with leaders of the G7 and will be ramping up sanctions on Russia. He called the attack “unprovoked and unjustified”.

GDP and new home sales figures will be released for the US today. GDP is forecast to grow to 7% quarter-on-quarter.

For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business trader on 020 3918 7255 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