FX lull ends signalling USD gains ahead
This week saw the FX markets come back to life after a long period of lull with a sharp appreciation of the US dollar. Derek Halpenny, Head of Research, Global Markets EMEA & International Securities talks to Simon Mayes, Head of UK, Ireland and Switzerland Corporate Sales about the implications for the US dollar outlook following the US inflation data and the ECB policy announcement. Derek also discusses the JPY intervention prospects next week and beyond and provides an update on MUFG FX Research trading views.