A major week for major currencies

This week, Brian Daingerfield and Paul Robson discuss how an improved outlook for US inflation after next week’s Consumer Price Index print argues for tactical short dollar exposure. They lay out why the euro failed to sustain losses on a dovish central bank forecast revision and argue the yen may strengthen on pre-Bank of Japan short covering. They also consider the lack of sterling reaction to the UK budget, and how the changing of the guard in Swiss FX policy may be a game changer for the franc.   Remember to hit ‘subscribe’ or ‘follow’ so you can watch or listen to the latest episode of Currency Exchange as soon as they’re available.  NB: This was recorded on 7 March 2024. For any terms used please refer to this glossary:  https://www.natwest.com/corporates/insights/markets/glossary.html Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.htmlPlease note that captions are automatically generated.