Smart Currency Business Quarterly Forecast

Expert predictions from leading banks, a spotlight on major currencies, as well as a list of major events likely to move markets...

West London Business member Smart Currency Business presents their latest Quarterly Forecast ahead of a crucial 2024. This year will see elections in the US and the UK coincide for the first time in 60 years, and whoever wins – either on the West or the East side of the Atlantic – will inherit economic challenges as well as a geopolitical situation that is fast reaching crisis proportions.

As the world enters 2024, gloomy predictions of a recession and widespread turmoil are yet to come to pass. Inflation is falling across developed economies, while higher interest rates haven’t stopped a bounce back in GDP growth. The green shoots of recovery are starting to show, but can global economies mount a full comeback in a complex landscape?

Last quarter saw sterling strengthen, while the US dollar lost some of its sheen. Potential banana skins still lie ahead, but what will this mean in real terms?

READ THE FORECAST

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