FX consolidation ahead of key inflation data
The US dollar has recovered some of last week’s losses and Derek Halpenny, Head of Research Global Markets Research & International Securities, talks to Michael Owen, Head of Global Client Desk EMEA, about what helped prompt a recovery of the US dollar this week. With no single clear driver of FX and rates this week, Derek looks ahead to next week and the key inflation data from the US and employment and inflation data from the UK. Derek also provides an update on Global Market Research’s trade views.