Unexpected performance for USD: The Global Markets FX Week Ahead Podcast

After another week of huge moves in rates markets, where does this leave FX? Shan Husain, Vice President of FI FX Sales, asks Derek Halpenny, Head of Research Global Markets EMEA and International Securities, why the US dollar has performed so poorly given another higher than expected CPI print which led to the significant move in short-end spreads, which should have been in favour of the currency.

It has fuelled speculation of the Fed moving 50bps or even hiking inter-meeting. Derek also discusses the Japanese yen implications ahead of the planned BoJ unlimited fixed-rate JGB buying next week and updates listeners on MUFG Research FX trade ideas.

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