The current equity market correction lower in the U.S. is the biggest since October 2020, with risk-off conditions resulting in an emerging pattern of G10 performance we would expect.
Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, talks to Chris de Sibert, Head of Institutional Investors FX Sales for EMEA, about risk conditions, USD outlook and the key event next week – the FOMC meeting, with the market now seemingly much better positioned for hawkish communications.
Derek also covers EUR and the turn positive of German 10yr Bund yields, as well as current trade ideas.
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