The US shutdown enters it’s 2nd week and leaves the USD directionless. EURO under pressure after another French political disintegration, and GBP losing ground vs USD
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Tumultuous times with Israel waging war on at least 3 fronts and the US entering the fray with strikes on Iran. Russia - Ukraine continues to intensify and Trump’s messaging remains unclear. The USD has slumped, along with oil as markets react to the ceasefire, but there is plenty on the table in terms of volatility for FX
Read MoreWith the US and the UK announcing interest rate decisions this week, all eyes will be on the comments regarding Forward Guidance as economies and bankers react to the ever-changing global power-shifts
Read MoreRate cuts are widely expected across most developed economies - the varying pace of these cuts will affect currency moves globally. The world is also trying to prepare for the inauguration of President Trump on 20th Jan25 which will have impacts across the global economy and the structure of political governance in the USA.
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