Ft Hard Currency

Will Switzerland's introduction of negative interest rates help it keep the franc weak in the face of haven flows amid Russia's currency crisis? Alice Ross, markets correspondent, asks Steven Englander, foreign currency strategist at Citigroup, what the outlook for the franc is. Also, how will the dollar trade after the FOMC meeting, and what is the future for Japan's yen?  See acast.com/privacy for privacy and opt-out information.

As the dollar continues to smash through multi-year highs against other major currencies, Alice Ross, markets correspondent, asks Jason Thomas, managing director and director of research at Carlyle, what the risks are for dollar bulls. Also, how US investors are getting access to euro-investments and the outlook for Asian currencies.  See acast.com/privacy for privacy and opt-out information.

With a lower oil price likely to reinforce the divergence of US and EU monetary policy, Delphine Strauss, currencies correspondent, asks Marc Chandler, strategist at Brown Brothers Harriman, what the risks are to the overwhelming consensus that the dollar will continue to rally. Also, will Japan's elections trigger another fall in the yen - and at what point will investors start to worry about the political risks for UK assets?  See acast.com/privacy for privacy and opt-out information.

With the dollar at a 7 year high against the yen, Delphine Strauss, currencies correspondent, asks David Bloom, currency strategist at HSBC, what it will take to reignite its rally against other major currencies. Also, does the Save our Swiss Gold Initiative threaten the SNB's cap on the Swiss franc, and should investors worry about the consensus prevailing in forex markets?  See acast.com/privacy for privacy and opt-out information.

As an effective free float of the rouble drives the currency to all-time lows, Delphine Strauss, currencies correspondent, is joined by Tom Levinson, strategist at Sberbank CIB, to discuss the change in policy. Will Russia's central bank step in to defend the rouble; does it have further to fall before it finds a new level; and what are the implications for currencies of central and eastern European neighbours?  See acast.com/privacy for privacy and opt-out information.

As investors nurse losses from last week's flash crash in US bond yields, Delphine Strauss, currencies correspondent, asks Valentin Marinov, strategist at Citigroup, what it would take to restore their confidence in the dollar, whether the Bank of England will still worry about a strong pound, and what the ECB's bank stress tests will mean for the euro.  See acast.com/privacy for privacy and opt-out information.

After the greenback's biggest one-day fall in more than a year, Delphine Strauss, currencies correspondent, asks Matthew Cobon, fund manager at Threadneedle Investments, whether this is the end of the dollar rally; whether volatility will persist; and which fear is the dominant one for investors.  See acast.com/privacy for privacy and opt-out information.

With Fed officials underlining concerns over the exchange rate, Delphine Strauss, currencies correspondent, asks Derek Halpenny, strategist at Bank of Tokyo Mitsubishi, whether the dollar’s three month surge can continue; how the yen is affected by changing investment patterns in Japan and why politics is pressuring the pound.  See acast.com/privacy for privacy and opt-out information.

With the single currency already below the levels many had forecast for the end of the year, Delphine Strauss, currencies correspondent, asks Peter Kinsella, strategist at Commerzbank, whether the ECB will try to engineer a bigger depreciation. Also, will the dollar rally maintain its momentum, and can New Zealand's central bank continue to talk down the kiwi.  See acast.com/privacy for privacy and opt-out information.

As the prospect of higher US interest rates puts emerging markets under renewed pressure, Delphine Strauss, currencies correspondent, asks Koon Chow, emerging markets strategist at Barclays, whether we will see a repeat of last year's 'taper tantrum'. Also, what is the scope for volatility as carry trades unwind, and what are the risks of China resorting to exchange rate intervention to boost flagging growth.  See acast.com/privacy for privacy and opt-out information.

As the ECB's rate cuts send the euro to a 14 month low, Delphine Strauss, currencies correspondent, asks Paul Lambert, fund manager at Insight Investment, how this changes the equation for the single currency. Also, are we about to see a new bout of volatility in the foreign exchange market - and what will the Scottish referendum mean for the pound?  See acast.com/privacy for privacy and opt-out information.

The pound has risen rapidly over the past year. But it fell in July, and faces uncertainties when it comes to Scotland's independence referendum in September. Thomas Hale asks Phyllis Papadavid, currencies strategist at BNP Paribas, what the future holds for sterling. Is the pound overvalued? How much of an impact on the currency might Scottish independence have?  See acast.com/privacy for privacy and opt-out information.

With the forex market showing only a modest reaction to tougher sanctions against Russia, Delphine Strauss, currencies correspondent, asks Elsa Lignos, strategist at RBC Capital Markets, whether currency investors have become less sensitive to geopolitical risk. Also, can we expect any sustained strength in the dollar after this week's rally; and should Canada's central bank try to talk down its currency?  See acast.com/privacy for privacy and opt-out information.

With UK policy makers flagging concerns over the rising risks of a bubble in the housing market, Delphine Strauss, currencies correspondent, asks David Bloom, currency strategist at HSBC, how macroprudential measures would affect sterling. Also, what would be the knock-on effects of ECB easing for other currencies - and what does range-bound trading in the yen tell us about the state of the forex market?  See acast.com/privacy for privacy and opt-out information.

With Mario Draghi's efforts to talk down the euro bearing fruit, Delphine Strauss, currencies correspondent, asks Jane Foley, strategist at Rabobank, whether investors are now expecting too much of the ECB. And with central banks around the world keen to see weaker exchange rates, are we on the verge of a new currency war?  See acast.com/privacy for privacy and opt-out information.

With the greenback trading at a two-week low against the euro, Delphine Strauss, currencies correspondent, asks Matt Cobon, head of rates and currencies at Threadneedle Investments, why the consensus bet on dollar strength is not yet paying off. Also, how should currency markets interpret the Bank of England's latest set of economic forecasts - and what to make of the latest twist in the fortunes of the Aussie?  See acast.com/privacy for privacy and opt-out information.

With the sell-off in EM currencies deepening, Delphine Strauss, currencies correspondent, asks Koon Chow of Barclays Capital, what is driving investors’ behaviour, how currency weakness will affect other assets - and which countries might welcome depreciation.  See acast.com/privacy for privacy and opt-out information.

With the US government shutdown weighing on the dollar, FT currencies correspondent Delphine Strauss is joined by Derek Halpenny, European head of global market research at the Bank of Tokyo-Mitsubishi. Can forex markets remain this calm if the debt talks drag on into next week? How much higher can the euro go? And with the yen's weakness apparently set to continue, what changes in behaviour might we see from Japanese institutional and retail investors?  See acast.com/privacy for privacy and opt-out information.

It's been a month of huge moves for the dollar-yen pair. Ahead of the Federal Reserve's meeting in June, Alice Ross, FT currencies correspondent, asks Shahab Jalinoos, FX strategist with UBS, what he expects from the talks as well as whether the Swiss National Bank will act to weaken its currency.  See acast.com/privacy for privacy and opt-out information.

With the Australian and New Zealand dollars hitting multi-month lows against the US dollar, Elsa Lignos, currency strategist at RBC Capital joins currencies correspondent Alice Ross to discuss the mood on commodity currencies. Also, is central bank intervention likely in the Swiss franc and the continued weakening of the Japanese yen.  See acast.com/privacy for privacy and opt-out information.