As we enter August, a flurry of mixed indicators is shaking up the FX ecosystem — so much for a leisurely summer break.
In the U.S., strong financial markets have spurred a so-called “Goldilocks” scenario where growth is neither too hot to drive inflation nor too cool to disappoint. And while the Fed and ECB might finally pause rate hikes, new concerns surrounding tight credit conditions have introduced challenges for business and consumer lending.
Elsewhere, there are renewed questions about how major players in the global economy — particularly China and Germany — will react to a manufacturing slowdown.
To help you formulate a future payments strategy, Convera’s August FX Outlook features a wide range of future currency scenarios and previews key market themes to watch. Break down the factors driving volatility with our experts and keep up with the international strategy trends your business needs to consider.
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