Market Commentary – October 2024
- Date: 06/11/2024
Key Themes Driving Currency Markets US dollar buoyed by Trump and hawkish Fed communique The US dollar mounted a strong comeback in October as hawkish Fed comments, stronger employment data, and rising odds of a Trump election victory underpinned the rally over the month. Fed Chair Jerome Powell set the….
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Market Commentary – September 2024
- Date: 11/10/2024
Key Themes Driving Currency Markets Fed policy drives the greenback, economic data secondary The US economy demonstrated its resilience in September following a tumultuous August during which fears of a hard landing roiled markets. The August employment report undershot consensus, but the 142K print was still an improvement from….
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Market Commentary – July 2024
- Date: 07/08/2024
Key Themes Driving Currency Markets UK and US politics to the fore In the UK, Labour secured its largest parliamentary majority since Blair’s landslide in 1997. GBP was stable following the results as its positive performance this year was largely reflective of an expected Labour victory. In the US,….
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