Publications

Market Updates Posts

FX Market Brief: February 2024

|
The European Central Bank is now done with its hiking campaign with the current deposit rate at 4% – underlying inflation is smoothing, and the headline print is lowering towards the 2% target. Additionally, activity surveys across various sectors show a significant deterioration and diminishing credit availability.

FX Market Brief: January 2024

|
The European Central Bank is now done with its hiking campaign with the current deposit rate at 4% – underlying inflation is smoothing, and the headline print is lowering towards the 2% target. Additionally, activity surveys across various sectors show a significant deterioration and diminishing credit availability.

FX Markets Update: December 2023

|
Download PDF ANALYSIS BY REGION Euro-Area: Is a recession imminent or are we in one? The last time the European Central Bank met was on the 26th of October when all three key policy rates were left unchanged. For this month’s meeting, markets are expecting the same and truly believe the ECB is done hiking […]

2023 Year-End Currency Hedging: Navigating FX Fluctuations During the Holiday Season

|
Download PDF As the holiday season comes into swing, attention may shift away from managing foreign exchange exposures. Still, our analysis shows that this period of the year should be treated with the same vigilance as any other period. In this research piece, GPS delves into an analysis of the most actively traded currency pairs, […]

Hedging Strategies for GBP: What’s been effective in the past year?

|
Download PDF As the GBP/USD spot rate currently sits at the midpoint of its 12-month range, many corporate treasurers are searching for the best way to hedge their currency exposures. This article analyzes the performance of various hedging strategies over the last year. To facilitate an accurate comparison, we’ve adopted a standardized approach: the corporate […]