Tumultuous FX markets consider central bank intervention: The Global Markets FX Week Ahead Podcast

With USD/JPY hitting the highest level since 2002, it has been another tumultuous week in the FX markets. Derek Halpenny, Head of Research Global Markets EMEA and International Securities, discusses the ongoing turmoil with Simon Mayes, Director of MUFG’s Global Customer Marketing Group for EMEA in London, breaking down vital market issues like the prospect for joint intervention by Japan and the US to stem yen weakness.

The Bank of Japan policy meeting on April 28 could be key in any FX intervention response. Derek also covers the outlook for the pound after the plunge in GBP/USD and updates listeners on MUFG’s trade views.

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