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 20/11/23.
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Tuesday 21st November 2023
Wednesday 22nd November 2023
Thursday 23rd November 2023
Friday 24th November 2023
Last week’s softer US inflation numbers kept the dollar on the back foot throughout the week, as 10-year treasury yields fell to two-month lows. The USD index is also at a two-month low consequently. We could see some consolidation of this weakness this week, given we are heading into a quieter and shorter US week.
US economic activity continues to be ahead compared to the UK and EU, and towards the end of the week we’ll get a gauge as to the extent of this in November. The soft-landing narrative in the US continues to dominate market themes and we shall see if the data supports this
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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