How Save The Children Protects Funds Against Exchange Rate Volatility
Protecting funds against exchange rate volatility was a priority for Save the Children. "There is nothing more frustrating for an NGO than seeing how their funds can be distorted by market tensions," explains David del Campo, Head of International Cooperation and Humanitarian Action at Save the Children. Ebury our partner worked with Save the Children around their humanitarian aid programme developed in the Philippines to alleviate the consequences of Typhoon Haiyan, which de
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Account opening process It takes 5 minutes to set up your account and you can be transacting within hours of submitting your documentation. Registration - Simply call a member of our sales team on +44 (0) 20 3740 8670 or visit taitcapital.com. You’ll need to fill in an online application form. For identification purposes we require your driving licence number or the MRZ number on your passport, which is the long number at the base of the photo identification page Compliance c
FX markets eye key Federal Reserve, ECB announcements next week
The EUR/USD rate continued to edge higher on Thursday, although lost ground again this morning, with investors in a cautious mood ahead of a number of key announcements in the currency markets next week. First up will be the Federal Reserve meeting on Wednesday, with the FOMC expected to announce its second rate hike of the year, and seventh since the current tightening cycle began. We think that a hike at this month’s meeting is more-or-less a nailed on certainty. As is gene
Talk of end to ECB stimulus measures helps lift Euro to three week high
The Euro advanced to a three a week high against the US Dollar on Thursday morning, after European Central Bank member, Peter Praet, added weight to a report released this week that suggested policymakers in the Eurozone could soon be ready to announce an end date to its QE programme. Praet, one of the more senior members on the ECB’s Governing Council, said that the bank would next week debate whether to end bond purchases later this year. President of the Dutch central bank
Sterling recovers following impressive services activity data
Sterling initiated a fairly sharp rally against its major peers this morning after a solid services PMI reversed almost all of the currency’s losses from Monday trading. The UK currency had fallen across the board yesterday, as Brexit concerns clouded the outlook for the Sterling. Investors are sceptical that the UK government has proposals in place ahead of the EU summit later this month, while there was also pressure on Downing Street over the weekend to release papers outl