Hard Currency

November awoke investors’ animal spirits, no more so than in the dollar rally, but Alan Wilde of Barings tells Roger Blitz that pitfalls lie in the way throughout December

 

The US currency is on a tear, but it’s not all down to Donald Trump, Silvia Ardagna from Goldman Sachs tells Katie Martin. With investors finally catching up to US economic strength, an overshoot in the buck is easy to imagine.

 

A market that is learning to tread cautiously when it comes to politics has become remarkably gung-ho about what Donald Trump’s election victory means for the dollar and the US economy. Kamal Sharma of Bank of America Merrill Lynch tells Roger Blitz why investors are piling into the greenback and treating the euro with caution

 

A market that is learning to tread cautiously when it comes to politics has become remarkably gung-ho about what Donald Trump’s election victory means for the dollar and the US economy. Kamal Sharma of Bank of America Merrill Lynch tells Roger Blitz why investors are piling into the greenback and treating the euro with caution

 

We don’t know which of his policies President Trump will be able to implement, Nomura’s Bilal Hafeez tells Roger Blitz – but it’s a pretty reasonable bet that a period of dollar strength is coming

 

Political risk once again messed with foreign exchange investors, putting pressure on the dollar in the week before the US election and boosting the pound. Paul Lambert at Insight Investment tells Roger Blitz why this is no time for conviction trading

 

Geoffrey Yu of UBS Wealth Management puts this week’s record low for the offshore version on China’s currency into context, and tells Michael Hunter what the market will be looking at for the renminbi towards the end of 2016.

 

Expectations this week of big moves in the pound, the dollar and the euro all failed to materialise. Simon Derrick of BNY Mellon tells Roger Blitz why this may not last long, as a US election and continuing Brexit worries exercise market minds

 

No one likes the pound right now as the market focuses heavily on UK politics, but Steven Saywell at BNP Paribas tells Roger Blitz that investors are leaning too heavily towards selling sterling and so a rebound is on the cards

 

Sterling bashers have once again got the upper hand as the UK seems to swing towards a messy divorce from the EU, while eurozone markets are chewing over the potential for the ECB to turn off the stimulus taps. Frederik Ducrozet of Pictet Wealth Management talks about the implications with Katie Martin.