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Market Commentary – December 2025
Date: 09/01/2026
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The US dollar weakened due to soft economic data and less hawkish Fed projections. Elsewhere central bank meetings drove FX moves. We unpick all this and more in our commentary
Market Commentary – November 2025
Date: 12/12/2025
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A confluence of factors moved FX markets in November, including uncertainty surrounding the Fed, political shocks, and fiscal challenges. We unpick all this and more in our commentary
Market Commentary – October 2025
Date: 11/11/2025
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A confluence of factors moved FX markets in October, including the US Federal government shutdown, political shocks, and fiscal challenges. We unpick all this and more in our commentary
Market Commentary – September 2025
Date: 13/10/2025
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A confluence of factors moved FX markets in September, including central bank action, political shocks, and data surprises. We unpick all this and more in our commentary
Private Wealth and the Increasing Importance of Share Class Hedging for Private Fund Managers
Date: 15/09/2025
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Having different currency share classes within a fund has been a longstanding practice for several fund managers as they have looked to open-up access to their products to broader audiences.
Market Commentary – August 2025
Date: 11/09/2025
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Following on from last month’s strength, the US dollar reversed course in August. A weak July employment report, coupled with a dovish pivot by Powell at the Jackson Hole Symposium …
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