Headline markets and a paralyzed FX tape

This week’s FX Weekly podcast unpacks a market that looks stable on the surface but lacks real conviction underneath. George Vessey is joined by Steven Dooley and Antonio Ruggiero to explore how unresolved geopolitics, sticky inflation, and shifting central bank dynamics are shaping FX. The team dives into softer yet still inflationary US data, the Fed’s constrained outlook, and the RBNZ’s hawkish pivot. They also assess why currencies like GBP are drifting without a clear catalyst. The discussion concludes with what could finally break the current range - from Middle East developments to key US data - and what it means for the dollar and broader FX markets.Converge is Convera’s podcast that discusses a range of financial services topics. We want to remind our listeners that the information shared on this podcast is for informational purposes only and should not be considered financial advice. Please note that the opinions expressed on Converge are solely the opinions of the host and the guests, not Convera’s.