Economies grapple with Delta variant: The Global Markets FX Week Ahead Podcast

2021-08-23

The Delta COVID variant continues to wreak havoc on FX markets, with Dallas Federal Reserve President Robert Kaplan indicating last week that it may impact the timing of tapering. Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, outlines how this has changed expectations for the Jackson Hole meeting later this week and his forecast for USD strength going into September. Elsewhere, while the UK economy deals with the knock-on effects of the ‘pingdemic’ which cau...

The Delta COVID variant continues to wreak havoc on FX markets, with Dallas Federal Reserve President Robert Kaplan indicating last week that it may impact the timing of tapering.

Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, outlines how this has changed expectations for the Jackson Hole meeting later this week and his forecast for USD strength going into September.

Elsewhere, while the UK economy deals with the knock-on effects of the ‘pingdemic’ which caused large numbers to self-isolate, PMI figures are showing the Eurozone is faring well. But how long for? Listen to this week’s podcast for Derek’s analysis.

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