Ft Hard Currency

Donald Trump is golfing with Japan's prime minister, with currency manipulation high on the agenda. Jeremy Cook of World First tells Roger Blitz what the FX implications are likely to be, and also weighs up political risk on the euro  See acast.com/privacy for privacy and opt-out information.

US protectionism may be more talk than action, but that's not to say it won't have a currencies impact. Athanasios Vamvakidis of BofA Merrill Lynch tells Roger Blitz why, and also explains how to apply game theory to a Brexit transition deal and what that means for the pound  See acast.com/privacy for privacy and opt-out information.

Mexico's peso is too competitive for its own good, Stephen Gallo of Bank of Montreal tells Roger Blitz - but it is in also in US interests to conclude a mutually acceptable renegotiation of Nafta  See acast.com/privacy for privacy and opt-out information.

The pound's rally following the UK prime minister's Brexit speech and Donald Trump's problems with a strong dollar dominated currency markets - even before inauguration day. Paul Lambert of Insight Investments walks Roger Blitz through another week of FX fluctuations  See acast.com/privacy for privacy and opt-out information.

Investors were left baffled and disappointed by Donald Trump's lack of policy detail at his feisty press conference. Jane Foley of Rabobank tells Roger Blitz why market scepticism about the reflation trade is growing and what that means for the dollar rally  See acast.com/privacy for privacy and opt-out information.

A 14-year high for the dollar, the renminbi's best-ever two-day gain, a sharp dollar correction and a central bank intervention. David Bloom of HSBC walks Roger Blitz through the frantic foreign exchange start to the year and concludes that the dollar rally is nowhere near over.  See acast.com/privacy for privacy and opt-out information.

Simon Derrick of BNY Mellon looks back on a trumultuous year in the foreign exchange market, and gives Roger Blitz his predictions of the big market events for 2017  See acast.com/privacy for privacy and opt-out information.

The Federal Reserve's hawkish position, which is driving dollar strength, is not a response to Donald Trump and the prospects of fiscal stimulus, Mark Astley of Millennium Global Investments tells Roger Blitz, but a reappraisal of the strength of the US economy  See acast.com/privacy for privacy and opt-out information.

After the turbulence of 2016, Saxo Bank chief economist Steen Jacobsen dares to offer Roger Blitz his predictions for next year, including a stronger pound and yen, and a dollar that disappoints its bull advocates  See acast.com/privacy for privacy and opt-out information.

November awoke investors' animal spirits, no more so than in the dollar rally, but Alan Wilde of Barings tells Roger Blitz that pitfalls lie in the way throughout December  See acast.com/privacy for privacy and opt-out information.

The US currency is on a tear, but it's not all down to Donald Trump, Silvia Ardagna from Goldman Sachs tells Katie Martin. With investors finally catching up to US economic strength, an overshoot in the buck is easy to imagine.  See acast.com/privacy for privacy and opt-out information.

A market that is learning to tread cautiously when it comes to politics has become remarkably gung-ho about what Donald Trump's election victory means for the dollar and the US economy. Kamal Sharma of Bank of America Merrill Lynch tells Roger Blitz why investors are piling into the greenback and treating the euro with caution  See acast.com/privacy for privacy and opt-out information.

We don't know which of his policies President Trump will be able to implement, Nomura's Bilal Hafeez tells Roger Blitz - but it's a pretty reasonable bet that a period of dollar strength is coming  See acast.com/privacy for privacy and opt-out information.

Political risk once again messed with foreign exchange investors, putting pressure on the dollar in the week before the US election and boosting the pound. Paul Lambert at Insight Investment tells Roger Blitz why this is no time for conviction trading  See acast.com/privacy for privacy and opt-out information.

Geoffrey Yu of UBS Wealth Management puts this week's record low for the offshore version on China's currency into context, and tells Michael Hunter what the market will be looking at for the renminbi towards the end of 2016.  See acast.com/privacy for privacy and opt-out information.

Expectations this week of big moves in the pound, the dollar and the euro all failed to materialise. Simon Derrick of BNY Mellon tells Roger Blitz why this may not last long, as a US election and continuing Brexit worries exercise market minds  See acast.com/privacy for privacy and opt-out information.

No one likes the pound right now as the market focuses heavily on UK politics, but Steven Saywell at BNP Paribas tells Roger Blitz that investors are leaning too heavily towards selling sterling and so a rebound is on the cards  See acast.com/privacy for privacy and opt-out information.

Sterling bashers have once again got the upper hand as the UK seems to swing towards a messy divorce from the EU, while eurozone markets are chewing over the potential for the ECB to turn off the stimulus taps. Frederik Ducrozet of Pictet Wealth Management talks about the implications with Katie Martin.  See acast.com/privacy for privacy and opt-out information.

While rates remain so low in G10 and the Federal Reserve sticks to a gradual rate path, the case for investing in emerging markets just gets stronger, Roger Hallam of JP Morgan Asset Management tells Roger Blitz  See acast.com/privacy for privacy and opt-out information.

Mexico's rapidly weakening peso shows how the tightening US election polls are focusing market minds on what a Trump-led protectionist policy might mean for America's trading partners. Paul McNamara of GAM discusses with Roger Blitz the implications for emerging markets and US rate expectations  See acast.com/privacy for privacy and opt-out information.