At Equals Money, it’s our mission to make money movement as simple as possible and we want to help your business move forward in 2023 despite any potential disruptions, such as market volatility or adverse currency fluctuations.
One of the ways we can help your business is by looking closer at the currency pairs you care about, by analysing market data that’s historically had an impact and using it to provide insight and to forecast what could come next.
Read on to take a look at our current outlook for w/b 13/11/23.
Tuesday 14th November 2023
Wednesday 15th November 2023
Thursday 16th November 2023
Friday 17th November 2023
All about inflation numbers this week with prints due from US, UK, and EU. UK core inflation is expected to ease from 6.1% to 5.8% with the US and EU core numbers expected to remain the same as September. The US numbers will be key in determining whether the market is right in pricing US interest rate cuts for next year or whether the Fed is right in insisting rates will stay higher-for-longer. The direction of the US dollar will take cues from this print.
A second reading of economic growth is expected to show that the economy contracted, marking it as the worst performing economy out of the three in the third quarter of this year.
At Equals Money, our in-house currency experts are here to help you. We monitor the markets for you and let you know how any changes could affect your payments to help you navigate volatility within the currency markets.
We also offer a number of hedging solutions to help you manage the associated risks when dealing with foreign exchange and volatile markets, such as market monitoring, the Equals Money Rate Watch, forward contracts, and market orders.1 Your own dedicated account manager will be on-hand to guide you through all your options so you can make the best decision for you and your business.
You can’t control what happens in the market - but you can control how you manage volatility and risk and take care of your company. Equals Money is here to help you with your finances so you can spend less time worrying about FX rates and more time growing your business.
1Equals Money can only offer forward contacts to facilitate payments for goods and services
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