Ballinger Group

Ballinger & Co. is an independent provider of foreign exchange risk management and trading services to private equity, venture capital, private credit firms and their portfolios. Read our case study on Ori Biotech's $100m transaction to find out more: https://lnkd.in/e852Q52G

Sterling sinks to a six-month low as three vote for a cut. Read the full report: https://lnkd.in/eyHnxD-U #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters

The dollar rockets to a two-year high as Fed strikes hawkish tone for 2025. Read the full report: https://lnkd.in/gdZz8C7y #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters

UK inflation ticked up to an 8-month high at 2.6% in November. Read the full report: https://lnkd.in/ewHMTgRJ #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters

Accelerating UK wage growth lifts the pound as markets trim easing bets. Read the full report: https://lnkd.in/eD9tnsWn #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters

As 2024 closes out, it is worth looking back at how fleeting and unstable the dominant market-driving narratives have been. Both the market and the Fed have repeatedly been swept up in noisy, short-term macro oscillations that have rarely persisted for more than four or five months and have driven 5-7% swings in the dollar at each turn. The very same is likely of the narratives that are dominant now: US exceptionalism; a slow-cutting Fed; the current cyclical downturn and the political turmoil in Europe; and Trump’s inflationary and fiscally stimulative impulses. Perhaps the new year coincides with another jump in unemployment, and Trump cools his tariff threats as the likes of the EU and Canada go straight to the negotiating table? Or there comes a genuine commitment to cutting the deficit rather than inflating it dramatically, as many expect? Nobody yet knows whether this is a structural leg higher in the dollar, or if it is another one of the many doomed swings that we have seen over the past two years. What the charts have made clear is that smooth line FX forecasts have looked relatively meaningless in a market that has been forced to keep changing its mind rather than charting a longer-term direction. #fx #usdollar #federalreserve #finance

PMIs kick off the week ahead of decisions from the Federal Reserve and the Bank of England. Read the full report: https://lnkd.in/e_CPkNUz #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters

The Greenback strengthens as a result of the stronger-than-expected US PPI data for November. Read the full report: https://lnkd.in/eWDCe9ip #fx  #fxmarkets  #foreignexchange #markets  #economy  #forex #currency #monetarypolicy  #dollar  #euro  #sterling  #inflation  #federalreserve #bankofengland  #ECB  #Fed  #treasury Image Source: Shutterstock

The franc drops 0.6% on a surprise SNB 50bp cut with an ECB decision to come. Read the full report: https://lnkd.in/gKwjUK_F #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters

CAD hits a fresh 4.5-year low ahead of a likely 50bp BoC cut and US inflation. Read the full report: https://lnkd.in/gZWFGmvk #fx #fxmarkets #foreignexchange #markets #economy #forex #currency #monetarypolicy #dollar #euro #sterling #inflation #federalreserve #bankofengland #ECB #Fed #treasury   Image Source: Reuters