Eurozone bounces back while Central Banks mull end of QE: The Global Markets FX Week Ahead Podcast

2021-08-02

It's been a week full of surprises in the market, says Lee Hardman, currency analyst at MUFG. Positive data and a strong outlook suggests the Eurozone economy will continue to expand, with the easing of COVID restrictions allowing the economy to bounce back. Today's podcast sees Lee take a tour of the Eurozone as he looks at the impact on individual countries, some of which are not faring as well. Elsewhere in the market, the US dollar continues to trade on a softer footing triggered by Fed Chair Powell’s i...

It's been a week full of surprises in the market, says Lee Hardman, currency analyst at MUFG. Positive data and a strong outlook suggests the Eurozone economy will continue to expand, with the easing of COVID restrictions allowing the economy to bounce back.

Today's podcast sees Lee take a tour of the Eurozone as he looks at the impact on individual countries, some of which are not faring as well. Elsewhere in the market, the US dollar continues to trade on a softer footing triggered by Fed Chair Powell’s indication that tapering will start in November or December or potentially early 2022.

But will it bring the relief that many are hoping for? Listen to the podcast for more insights.

Disclaimer: www.mufgresearch.com (PDF)

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