NewsCase StudiesEvents

USD outlook for 2019 shifting rapidly

Also in the news...

Foreign travel advice Georgia

Warnings and insurance Still current at: 16 May 2024 Updated: 16 May 2024 Latest update: Information on the political situation across Georgia ('Safety and security' page).

How to market and package ecommerce products for maximum impact

To market and package your ecommerce products for maximum impact, start by understanding your target audience's demographics, passions, and daily struggles. Tailor your product descriptions and packaging to resonate with their identity, making them feel like part of a community.

Foreign travel advice Norway

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: This travel advice was reviewed for style and accuracy.

Guidance Living in Austria

Information for British citizens moving to or living in Austria, including guidance on residency, healthcare and driving.

Foreign travel advice Sweden

Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: Removal of information about Eurovision Song Contest ('Warnings and insurance' and 'Safety and security' pages).

USD outlook for 2019 shifting rapidly

Back to News

GBP / USD Expected Range: 1.2620 – 1.2710

In the space of a few weeks the outlook about Federal Reserve interest rates for 2019 has taken a huge u-turn with markets going from pricing in 3 interest rate hikes, to two and then zero for the year. Indeed, yesterday the conversation shifted one step further with some suggesting that interest rates could infact be cut by the Fed at the back end of the year. If this were to be the case 2019 could be a difficult year for the dollar and whilst there would still be a large gap between Fed and ECB rates that would still narrow especially if the ECB hiked rates themselves. Meanwhile in Washington the Democrats took charge of the House of Representatives where Nancy Pelosi was once again sworn in as speaker of the House. As a first step the Democrat controlled House voted to end the partial government shutdown in a futile move with the bill set to be vetoed by President Donald Trump. For Fed Chair enthusiasts as well today is exciting with Jerome Powell forming a reunion with previous heads Janet Yellen and Ben Bernanke. Hopefully it will be better than the Inbetweeners reunion



You are not logged in!

Please login or register to ask our experts a question.

Login now or register.