---
title: "Josh Mahony from IG sums up the forces driving markets and currencies"
publisher: "Share Talk"
author: "sharetalk"
published: "2017-08-16T15:38:59+00:00"
modified: "2017-08-16T15:38:59+00:00"
date: 2017-08-16
canonical: "https://www.share-talk.com/josh-mahony-from-ig-sums-up-the-forces-driving-markets-and-currencies/"
category: "Learning and Investing"
categories: ["Learning and Investing"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Josh Mahony from IG sums up the forces driving markets and currencies

**Published:** August 16, 2017
**Author:** sharetalk
**Categories:** Learning and Investing
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

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Joshua Mahony, market analyst at IG, sums up the forces currently driving currencies and markets here and in the US  . As the Euro strengthens, the US dollar is weakening (revaluing?) and Brexit continues to hurt sterling. He says Bank of England Governor Carney ‘is in a tight position right now’ and if oil prices rise and feed inflation the Bank will be forced to raise interest rates. Watch the full interview here.

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**Original URL:** https://www.share-talk.com/josh-mahony-from-ig-sums-up-the-forces-driving-markets-and-currencies/
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