Since June of 2021, the U.S. Dollar has appreciated more than 15 percent against a basket of other developed world currencies. In particular, the dollar strength has driven the EUR/USD currency pair to near parity. Therefore, this month we considered how long the run-up could last and what might cause a peak that would lead to the U.S. Dollar depreciating from current levels.
As a result, we turned to Chris Phillips, Head of Structured Products, and his team to discuss the Bank’s foreign exchange solution.
Read our latest edition here
(originally published on 5/19/22)
Insights at Valley features dialogue on topics impacting the banking industry and our clients. Each month, we introduce commentary from our leaders within Valley Financial Services (VFS) and the Commercial Bank, while highlighting relevant products and services to address the demands of our clients. Our team at VFS operates in four segments: Capital Markets; Insurance Services; Specialty Banking; and Wealth Management.
