Is fading USD momentum signalling a turn?
The US dollar hit its highest level of the year this week and Derek Halpenny, Head of Research, Global Markets EMEA & International Securities talks to Jack Greenslade in FX Corporate Sales about the FX implications following the US inflation data and GDP data from Europe and Japan. Derek also discusses the return of USD/JPY to the “intervention zone” above the 150-level and whether these levels are sustainable.