Currency Markets: Amundi’s Bearish Call on Sterling Misses the Point
“We expect the pound to fall apart” is the bold prediction for sterling’s fate from Federico Cesarini, head of developed-market...
archiveEuropean Central Bank
Dollar snaps two-year winning streak on 2024 rate cut bets
Since the Fed launched its aggressive rate-hike cycle in early 2022, expectations of how far U.S. rates would have to...
Bruised dollar wobbles as traders eye U.S. rate cuts next year
The dollar index, which measures the U.S. currency against six rivals, fell to a fresh five month low of 100.81....
From the tumbling peso to the soaring pound – 2023’s currency winners and losers
Global CurrencyHoliday makers can hardly have failed to notice 2023 was a stellar year for the pound. Of the world’s...
Fed-Induced Asia Rally Has Scope to Extend Into 2024: Analysts
(Bloomberg) -- A cross-asset rally in Asian markets following the Federal Reserve’s signals of rate cuts next year may extend...
Dollar dips as investors wait for Fed
Traders are pricing in the prospect of an interest rate cut as soon as May, which was pushed back from...
FTSE and European stocks fall as UK house prices rise for second month in a row
The FTSE fell as average UK property values climbed 0.5% to £283,615 in November, some £1,300 more than October. (Maureen...
Understanding FX Hedging Costs and Why Japanese Investors Are Moving Money Home
Normally, when yield on debt rises it becomes more attractive. But after the Federal Reserve began raising interest rates in...
