Further divergence, and a quick yen update

Join host Brian Daingerfield and guest Paul Robson as they focus on the fortunes of major currencies. For sterling the dominant market factor appears to be yield ahead of likely rate cuts, while the Fed's base case is for cuts later in the year – amid some talk even of hikes. They also discuss Norway and Sweden, and give a quick update on Japan.    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. This episode was recorded on 2 May 2024. For any terms used please refer to our glossary:https://www.natwest.com/corporates/insights/markets/glossary.htmlPlease view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html