USD has seen a modest rebound, with dollar performance still very tightly linked to fluctuations in investor risk sentiment. On the podcast this week, MUFG currency analyst Lee Hardman explains what is behind this trend and the correlation with equities.

Meanwhile in the UK, even positive developments such as the downgrade of the COVID-19 risk level aren't enough to help the pound, which continues to underperform. Listen below for Lee's analysis on why this is and his forecast for GBP going forward.

If you can't see the media player above, you can also listen to the audio file using the following link on your computer or mobile device. The podcast is also published on Apple Podcasts and Spotify.

Download: GBP and USD outlook: The Global Markets FX Week Ahead Podcast (MP3)

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