We witnessed some notable swings in the currency market over the past couple of weeks, as investors revised interest rate expectations for the Bank of England (BoE), European Central Bank (ECB) and Federal Reserve.
We witnessed some dramatic swings in the currency market over the past couple of weeks, amid signs inflationary pressures are easing across the globe.
Central bank policy bets boost the euro and dent the US dollar – Central bank dynamics have driven the currency markets over the last fortnight.
A slowdown in US inflation hammered the US dollar over the past two weeks, while prompting a risk-on rally in markets. However, downbeat economic and geopolitical news caused some turbulence.
As we adjust to life post-Brexit there are many things to consider, but if you need to move money abroad there is one particular change that it’s essential to be aware of. The free movement of services came to an end at the close of the transition period, with service providers instead having to comply …
