Perskamer

The Federal Reserve’s hawkish shift in June caught markets off-guard and resulted in broad US dollar strength throughout the remainder of the month. Despite calling for further USD depreciation, Monex’s conservative stance on further USD downside meant shorter-term forecasts weathered the storm of a stronger dollar.

The Monex marathon team are training for the 2021 Virgin Money London Marathon to help raise money for the incredible charity Get Kids Going! To track the team’s incredible journey in the run-up to the big day, we will be releasing a fortnightly interview with each of the runners.

Leading commercial foreign exchange specialist Monex Europe has appointed a new Director to its senior leadership team in Luxembourg. David Brown, who joins Monex Europe with a wealth of experience from senior positions within Royal Dutch Shell’s finance team, will be responsible for growing the business throughout continental Europe.

The Monex marathon team are training for the 2021 Virgin Money London Marathon to help raise money for the incredible charity Get Kids Going! To track the team’s incredible journey in the run-up to the big day, we will be releasing a fortnightly interview with each of the runners

Monex’s expectation of US dollar depreciation for May fared well in Reuters poll rankings, with firming results for majors like the euro, the yen, Nordic currencies and a wide array of EM currencies. Our calls for a weaker dollar have been supported by the Fed’s accommodative stance.

The Monex marathon team are training for the 2021 Virgin Money London Marathon to help raise money for the incredible charity Get Kids Going! To track the team’s incredible journey in the run-up to the big day, we will be releasing a fortnightly interview with each of the runners

We are pleased to announce that Monex Europe S.A has been approved as a member of the Luxembourg Bankers’ Association (ABBL). The membership grants Monex Europe S.A access to a community of over 210+ members and related members that assist, advise and support on a multitude of topics from industry-related recommendations to technical guidance.

Monex Europe’s broad expectations of a downturn in the US dollar in April yielded positive short-term forecasts over the 1-month and 3-month horizon. Looking ahead, our May forecasts anticipate a continued decline in the US dollar, albeit at a slower pace than that seen in April.

Monday 10th May marks the launch of 2021’s Mental Health Awareness Week (MHAW)! The pandemic has highlighted that providing support and guidance for those struggling with their mental health should be fundamental and available to all. Here at Monex, mental health is and will always be of huge importance to us.

Jamil’s session “Turning Ambition into Achievement” took Monex employees through a practical understanding of how to cultivate mindsets for optimising talent in a disrupted world. He believes that “for people to act differently, they need to think differently,” which was the pinnacle point of the entire talk.