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….
Find Out MoreMarket 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,….
Find Out MoreMarket Commentary – June 2024
- Date: 09/07/2024
Key Themes Driving Currency Markets A busy month for political upsets First there were EU elections which as expected saw a strengthening of the right-wing parties within the European Parliament. However, the result in France came as a major surprise as Marine Le Pen’s Rassemblement National won twice as….
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