We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: Greenback rout forces UK foreign money threat specialist to droop shares
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
Greenback rout forces UK foreign money threat specialist to droop shares
The Tycoon Herald > Economy > Greenback rout forces UK foreign money threat specialist to droop shares
Economy

Greenback rout forces UK foreign money threat specialist to droop shares

Tycoon Herald
By Tycoon Herald 4 Min Read Published April 22, 2025
Share
SHARE

Unlock the Editor’s Digest free of charge

Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.

Argentex, a UK-listed specialist in managing international alternate threat, has grow to be a casualty of market volatility sparked by US President Donald Trump’s commerce struggle, with the corporate pressured to droop its shares after a rout within the greenback tore by means of foreign money markets.

The corporate, which trades on the UK’s junior inventory alternate Intention, mentioned on Tuesday that it had suffered a “rapid and significant impact on its near-term liquidity position” from margin calls on its foreign money by-product positions.

Argentex offers foreign money hedging and alternate providers to a various set of shoppers, from large corporations such because the FTSE 100 insurer Aviva to particular person sportspeople. 

The corporate calls itself a “global expert in currency risk management and alternative banking for businesses and financial institutions”. Its shares have risen 50 per cent this yr as exercise surged within the FX market, giving it a market worth of simply over £50mn. 

This yr has seen a dramatic reversal in currencies: the US greenback — broadly anticipated to strengthen — has slumped, amid a broader lack of religion in American belongings as buyers deal with the potential financial harm from Trump’s tariffs on the world’s greatest economic system.

Greenback rout forces UK foreign money threat specialist to droop shares

The greenback is now down greater than 9 per cent in opposition to a basket of its buying and selling companions, whereas the euro — a main beneficiary of the buck’s decline — is up greater than 10 per cent. 

Argentex mentioned that since its full-year outcomes on April 2, and the following investor roadshow, it had been hit by “significant volatility in foreign exchange rates, particularly in relation to the rapid devaluing of the US dollar against other major benchmark currencies”.

The corporate mentioned it had “taken a number of steps to preserve cash and increase the collateral received from its counterparties”, and was “considering a number of options for the business”. 

It mentioned it had the help of its “principal liquidity provider” on methods to strengthen its place, noting that it was prone to see continued strain on its books of FX forwards and choices, the varieties of derivatives utilized by buyers to guess on or hedge actions in alternate charges.

The corporate was based in 2012 and counts Pacific Investments, established by veteran financier Sir John Beckwith, as its largest shareholder.

“In the event that the volatility in currency markets worsens materially, then the company’s financial liquidity position, if not strengthened in the near term, would be significantly stretched,” mentioned Argentex.

In its full-year outcomes, the corporate had flagged “improving trading momentum” and mentioned that larger FX volatility “generally acts as a tailwind for Argentex revenues”.

A spokesperson declined to remark past the inventory alternate announcement.

You Might Also Like

US shale bosses decry ‘chaos’ in Trump administration’s power coverage

Conventional US commerce lobbies are being overlooked within the chilly

Aluminium costs pushed larger by world provide squeeze

A Lehman Brothers memorial PDF dump

FirstFT: Crypto teams hit out at UK stablecoin plan

TAGGED:CurrencydollarforcesriskroutsharesSpecialistsuspend
Share This Article
Facebook Twitter Email Copy Link Print
Cardi B’s Pregnant Abdomen Seen in Tight High at International Citizen Competition
Entertainment

Cardi B’s Pregnant Abdomen Seen in Tight High at International Citizen Competition

Cardi B I Can Nonetheless ‘Shake It’ Even With A Pregnant Abdomen!!! Revealed September 27, 2025 7:43 PM PDT Cardi B’s not getting on bedrest simply but ... she’s nonetheless…

By Tycoon Herald 2 Min Read
Justin and Hailey Bieber Keep Busy Day Earlier than His Ex Selena Gomez Ties the Knot
September 28, 2025
Ladies’s Rugby World Cup: Purple Roses’ Meg Jones on going from ‘worst 12 months of my life’ to ‘surreal’ World Cup triumph
September 28, 2025
Oregon Duck Units Social Media Ablaze After Seeming to Shade Selena Gomez Marriage ceremony
September 28, 2025
Ryder Cup 2025: Staff Europe dominate Staff USA and overcome hostile New York crowd to take file lead into Sunday singles
September 28, 2025

You Might Also Like

India’s push for EU commerce deal hit by basmati rice dispute
Economy

India’s push for EU commerce deal hit by basmati rice dispute

By Tycoon Herald 5 Min Read
How Emmanuel Macron’s France grew to become Europe’s fiscal drawback youngster
Economy

How Emmanuel Macron’s France grew to become Europe’s fiscal drawback youngster

By Tycoon Herald 10 Min Read
FirstFT: Trump ally Charlie Kirk shot lifeless in Utah
Economy

FirstFT: Trump ally Charlie Kirk shot lifeless in Utah

By Tycoon Herald 8 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
World

Pope Francis I has died. What occurs now? : Take into account This from NPR

Newly elected Pope Francis I speaks to the ready crowd from the central balcony of St…

By Tycoon Herald
Leadership

Pre-Teens Spend Eight Hours A Day On Screen – But Gaming Linked To Better Mental Health

Playing video games has no adverse impact on school performance, according to a new study (Pic:…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?