Why is USD so weak and will it recover? The Global Markets FX Week Ahead Podcast

In the U.S., an uptick of COVID-19 cases, flatlining high frequency data, election risk premium and social unrest are putting pressure on USD, as its continued weakness continues to cause ripples in the global markets.

 

In this podcast, Derek Halpenny, Head of Research for Global Markets EMEA, looks at the outlook for the currency and gives his predictions for the important upcoming July FOMC meeting this week.