FX Talk - an Ebury podcast
The euro goes up, the dollar goes down, and China devalues the yuan. But what's behind these currency fluctuations? This forex podcast is all about the global currency market. Our three financial market analysts, who are also top Bloomberg forecasters, discuss macro-economic news and its effect on the global financial market - providing you with insights to make informed decisions. *The information contained in this podcast does not constitute a recommendation from any Ebury entity to the recipient.
FX Talk - an Ebury podcast
S3E15: Dollar loses steam after EUR/USD falls below parity
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
We’de like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk
The main talking point has been the move below parity in EUR/USD for the first time since December 2002. The pair teetered on the brink of parity for a couple of sessions, before falling fairly comfortably below it on Thursday. A divergence in natural gas prices across the Atlantic was largely to blame for the move, with last week’s hotter-than-expected US inflation report enough to drive the pair through the key psychological level.
We have, however, seen a recovery in the euro since then, with EUR/USD moving back above the 1.02 level on rising bets in favour of a 50 basis point interest rate hike from the European Central Bank when it meets on Thursday.
Upcoming webinars:
- Tech in finance
Liked this show? Please leave us a review here – even one sentence helps!
We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk
Liked this show? Please leave us a review here – even one sentence helps!