The increased focus on China and the potential fallout from a continued weakening of growth and missed payments linked to property market losses played a key role in driving markets this week.
Derek Halpenny, Head of Research, Global Markets EMEA & International Securities talks to Simon Mayes, Head of UK, Ireland and Swiss Corporate Sales, about the increased influence of CNY in the FX markets and why these developments and other factors remain supportive for the US dollar. Derek looks ahead to next week and the Jackson Hole Symposium and the possible risks of intervention in USD/JPY.