SGM-FX insights

Discussion and Analysis by Charles Porter:   This afternoon, the culmination of the Catalonian independence vote may arrive. We analyse the implications within currency markets, predominantly the Euro. In doing so, we offer you an insight into the likely performance of the Euro when it is potentially confronted by a declaration for Catalonian secession later […]

Discussion and Analysis by Charles Porter:   The week to date has seen a reversal of some incumbent forex market trends. Whereas the tripartite combination of Dollar weakness, Sterling (post-Brexit relative) strength and Euro strength seemed entrenched a few weeks ago, new dynamics are prevailing. Particularly, the Dollar has regained considerable value against the Euro […]

Discussion and Analysis by Grace Gliksten:   This article discusses the implications of Catalonia’s independence referendum over the weekend. Following a period of considerable Euro strength, the political uncertainty threatens to halt its gains and shroud the Eurozone economy within doubt.   Falling somewhere between a centrist and a social democrat, Carles Puigdemont started his […]

Discussion and Analysis by Charles Porter:   In theory, the Conservative Party Conference taking place in Manchester could boost the Pound Sterling. This is because it is an opportunity to bring all Conservative Party MPs and Ministerial Cabinet Members together and provide a coherent and harmonious vision of their leadership intentions. However, the content, disorder […]

Discussion and Analysis by Charles Porter:   It is indisputable that this weekend’s referendum in Catalonia generates considerable headline risk within Europe. The instability, uncertainty, and political risk within the Spanish economy has reflected within nationally sensitive equities and indicators. However, the purchasing power of the Euro, its exchange rate vis-à-vis other currencies, appears to […]

Our Foreign Exchange Specialist, Charles Porter, speaks with London School of Economics Associate Professor, Dr. Waltraud Schelkle. Regarding Brexit, we discuss how the passing of the German election may accelerate progress within negotiations as well as the possibility, acceptability and likelihood of a Second EU referendum within the UK.                  […]

Discussion and Analysis by Charles Porter:   Today holds considerable upside potential and downside risk within major currency pairs. Before our publication of a week in review and week ahead report, this article guides you though this tumultuous Friday and weekend. The events covered include North Korea’s supposed threat and Theresa May’s speech in Florence: […]

  Interview and Conversation between SGM’s Charles Porter and Dr. Waltraud Schelkle of the London School of Economics     This week, foreign exchange specialist Charles Porter spoke with Dr. Waltraud Schelkle. In this article we transcribe a segment of the full interview. It provides an analysis and contextualisation of the Federal Open Market Committee’s […]

Discussion and Analysis by Charles Porter:   It is well known that France’s President Emmanuel Macron is a pro-integration Europhile. In fact, the mandate upon which he assumes government is intrinsically linked with his profile vis-à-vis the European Union and future of the Eurozone economy. Germany is an especially critical member of the Eurozone economy, […]

Discussion and Analysis by Charles Porter: Germany will head to the polls on Sunday (24th September). The salience of this election to the Eurozone political economy cannot be understated. This article will guide readers through the consequences of a significant European election given the continent’s underlying social, political and economic currents.   There are numerous […]

Discussion and Analysis by Charles Porter:   The week that is now behind us has been eventful and tumultuous. One overarching characteristic was a bullish Pound Sterling. Driven by statistics releases and central bank activity, the Pound finished the week trading at its strongest rate against the US Dollar since 23rd June 2016. The intra-week […]

Discussion and Analysis by Charles Porter:   This morning, before the European Parliament, Jean-Claude Juncker, president of the European Commission, gave the annual State of the European Union address. Juncker’s speech gave a daring and interesting presentation of the present and future state of the Union. A number of interesting events and currency movements arose […]