Recent job figures from the U.S. look promising on the surface, but there's still a long way to go until a full recovery. This puts Wednesday's Fed meeting front and centre, with heightened calls for continued stimulus.

Derek Halpenny, Head of Research for Global Markets, discusses why he believes the U.S's debt profile is 'mindboggling' on today's podcast, and delves into analysis on a number of other developments across Europe in the past few days, including the fiscal stimulus package announced by Germany.

If you are unable to 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: The Fed, front and centre: The Global Markets FX Week Ahead Podcast (MP3)

You can view more insights from Global Markets Research on their dedicated website. Access requires log in details.

Follow Derek Halpenny on Twitter for more global markets insights.