April 6, 2021

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Keeping up
with the market

The currency market is ever-changing and requires constant monitoring if you want to enhance your savings on your international transactions. deVere Foreign Exchange can provide you with your personal expert Foreign Exchange Trader to keep a close eye on the market and inform you on the latest news that can be of significant value to your investment by issuing you with free market updates

deVere Foreign Exchange will contact you through your preferred method of communication when:

A currency reaches a specified level

World events affect the currency of your choice

On days which concur with your payment schedule

Debt fears keep Dollar near multi-month lows

The US Dollar remained near multi-month lows on Monday as investors digested the Treasury’s plans to increase buybacks of long-dated bonds, while markets awaited further details on Iran sanctions and key policy speeches in the US and Japan this week.

Sterling extends winning streak as rate hike bets bolster Pound

The British Pound was on course for its fourth straight weekly advance on Friday, supported by a weaker US Dollar and recent signs of economic strength that have kept expectations of further interest rate hikes alive.

Greenback hits three-month low as Treasury moves to calm bond markets

The US Dollar remained close to a three-month low on Thursday after the US Treasury stepped in to ease pressure in the bond market. The move helped temper a selloff that had driven long-term Treasury yields to their highest levels since 2007, boosting risk appetite and weighing on the greenback.

Dollar drifts near multi-month lows as markets await Fed minutes

The US Dollar hovered near multi-month lows against major currencies on Wednesday as Treasury yields pulled back from recent peaks, while investors awaited the Federal Reserve’s latest meeting minutes for fresh signals on the future direction of interest rates.

US Dollar falters as Fed hike bets fade, Iran war fuels bond market jitters

The US Dollar remained close to multi-month lows against most major currencies on Tuesday as traders continued to scale back expectations of near-term monetary tightening. However, the looming risk of a wider Middle East conflict kept market sentiment fragile.

Rupee muted by RBI support as forward premiums sink to July low

The Indian Rupee remained largely subdued on Friday and was heading for a weekly loss, although the decline was limited by repeated Dollar-selling interventions from the central bank amid heightened tensions in the Middle East.

Contact Us

deVere FX Queries

6th Floor, ABSA house,
Ebene Cybercity,
Mauritius,

J. Balcikonio str. 9,
LT- 08314, Vilnius,
Lithuania,

media contact

About

deVere Group – Foreign Exchange’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines.

Contact

Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Group – Foreign Exchange’s Head of Public Relations on [email protected] or call +44 2071220925.

Enquiries

deVere FX Queries

6th Floor, ABSA house,
Ebene Cybercity,
Mauritius,
J. Balcikonio str. 9,
LT- 08314, Vilnius,
Lithuania,

media contact

About

deVere Group – Foreign Exchange’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines.

Contact

Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Group – Foreign Exchange’s Head of Public Relations on [email protected] or call +44 2071220925.