Fresh COVID uncertainty and hawkish Fed prove a volatile combination for FX markets: The Global Markets FX Week Ahead Podcast

FX volatility has continued to pick up over the past week as market participants await further clarity over the potential impact on the global economy from the new COVID variant. The uncertainty should make DM central banks more cautious over tightening policy in the near-term. However, the Fed has signalled that it plans to speed up tightening at their next FOMC meeting.

Lee Hardman, Currency Analyst, discusses the implications for the FX market with Martin Viohl, Director of MUFG’s Global Customer Marketing Group for EMEA in London.

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