BoJ turning hawkish – FX concerns a factor The MUFG Global Markets Podcast
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From the best performing G10 currency last week, the yen has turned and is the worst performer this week. Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to Simon Mayes, Head of UK Ireland and Switzerland FX Corporate Sales about the shift in tone from BoJ Governor Ueda who turned a lot more hawkish with concerns increasing over yen weakness. Derek also looks ahead to US CPI and explains why cracks could be starting to appear in the latest US dollar rally.
From the best performing G10 currency last week, the yen has turned and is the worst performer this week. Derek Halpenny, Head of Research Global Markets EMEA & International Securities talks to Simon Mayes, Head of UK Ireland and Switzerland FX Corporate Sales about the shift in tone from BoJ Governor Ueda who turned a lot more hawkish with concerns increasing over yen weakness. Derek also looks ahead to US CPI and explains why cracks could be starting to appear in the latest US dollar rally.
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