In the U.S., an uptick of COVID-19 cases, flatlining high frequency data, election risk premium and social unrest are putting pressure on USD, as its weakness continues to cause ripples in the global markets. In this podcast, Derek Halpenny, Head of Research for Global Markets EMEA, looks at the outlook for the currency and gives his predictions for the important upcoming July FOMC meeting this week. Listen below.
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: Why is USD so weak and will it recover? 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 Lee Hardman on Twitter for more global markets insights.