The week is closing out with some modest US dollar strength after further selling this week fuelled by Fed Chair Powell’s speech on Wednesday. Derek Halpenny, Head of Research for Global Markets EMEA and International Securities, discusses with Chris de Sibert, Head of Institutional Investors FX Sales for EMEA, the implications of Powell’s speech for the dollar going forward.
Derek also discusses the seasonal bias for EUR/USD in December and looks ahead to next week when the Reserve Bank of Australia and the Bank of Canada will kick-start a busy month of central bank policy meetings.
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