Hawkish central bank chorus to trigger volatile financial market conditions: The Global Markets FX Week Ahead Podcast

The BoE and ECB have followed the Fed by delivering hawkish policy updates this week, reinforcing the sharp sell-off in global bond markets. It was an important policy pivot for the ECB, who opened the door to rate hikes later this year.

Lee Hardman, Currency Analyst, discusses what this means for performance of the euro and the broader FX market implications from rising yields with Simon Mayes, Director of MUFG’s Global Customer Marketing Group for EMEA in London.

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