Event risk ahead – FX volatility set to pick up
Trading ranges have been relatively narrow this week in FX markets but that might change next week and Derek Halpenny. Head of Research, Global Markets EMEA & International Securities talks to Michael Owen, Head of Global Client Desk EMEA, about the implications of the FOMC meeting and the US jobs report for the US dollar next week and beyond. Derek also discusses the potential pound impact from the Bank of England meeting and why MUFG Research are highlighting the potential for EUR/GBP to continue breaking lower.