FOMC outlook and UK hopes for recovery: The Global Markets FX Week Ahead Podcast

In today’s podcast, Lee Hardman, currency analyst, looks at the upcoming FOMC meeting and how this will be important for the dollar performance, giving his views on the likelihood of Chair Powell giving any signal of slowing of QE.

On the upside, the pound has been outperforming with cable rising above the 1.3700-level. The pound is tightly linked to the general improvement in risk sentiment with Global Equity Markets having risen to near record highs. This shows hopes for recovery in the second half of 2021, a welcome break in the clouds in what has been a dreary start to the year for the UK.

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