Brexit issues linger while the market waits to digest key rate policy decisions from the BoC, RBA, and RBI. Economic releases taking a backseat.
Ben Johnston |
December 05, 2017
Brexit and U.S. tax reform remain focal points, along with the potential for a U.S. government shutdown. Data remains something of a sidebar this week. The pound seen pressured by fickle sentiment stemming from Brexit headlines, while Aussie led gains as retail sales data beat estimates. Various PMI data out of the euro area weighing slightly on the EUR this morning.
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|Source: Bloomberg 2017|
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About the Author
Ben Johnston is a foreign exchange advisor for Silicon Valley Bank’s global financial services group, based in Boston, MA. He specializes in developing niche-specific risk management and process optimization strategies for Silicon Valley Bank's Private Equity and Venture Capital clients, including exposure identification, risk management, policy development and tailored product strategy. He has over nine years of experience in the banking industry, including portfolio management roles at Sovereign Bank/Santander and Silicon Valley Bank.
He holds an undergraduate degree of Finance & International Economics from Bentley University.
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