The impact of Russia’s invasion of Ukraine on energy supply remains the key focus for the financial markets. The impact is resulting in a retracement of the previous huge gains in crude oil and natural gas markets, offering some respite for European currencies like the Swedish Krona and the Euro.
Derek Halpenny, Head of Research for Global Markets EMEA & International Securities, talks to Chris de Sibert, Head of Institutional Investors FX Sales for EMEA, about developments this week, including implications for the Euro after the ECB meeting, outlook for the FOMC and BoE meetings next week, and prospects for the Japanese yen, which is underperforming despite the high levels of uncertainty.
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