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FX Monthly Webinar – May 2024

Each month Neil Parker, FX Market Strategist, shares his views on the current state of the markets, and forecasts what lies ahead for global currencies and the economy.

Since the last webinar, the US economy has reported additional signs of strength. Inflation has overshot versus target and expectations, and the markets have further reduced interest rate cut expectations. The same is not true of the UK or Euroland economies, where any growth recovery has been minimal at best, and inflation rates continue to fall closer to target. 

In markets, the USD has recovered once again, although against the EUR and GBP it remains locked in fairly tight ranges. How much longer will that last, given the macroeconomic and geopolitical pressures that continue to exert themselves?

Are there any new technical or macroeconomic trends emerging in FX markets? And have there been any changes to the outlook for the major economies, inflation, and interest rates?

 

Hear the latest views from Neil Parker, NatWest Markets FX Strategist, and Piers Leslie, Founder and Chartist from FactNotFiction Forecasting Ltd.

 

 

This webinar was recorded on 7 May 2024.

 

Q&A is not available in this recording.

 

Please note that the views and information have not been endorsed, issued or approved by NatWest. Any views expressed in this podcast are not necessarily those of NatWest. 

 

Closed captions are automatically generated by the host channel and therefore NatWest is not responsible for their accuracy.  

 

  • For more FX and market sentiment insights, please visit the NatWest Corporate & Institutions website (natwest.com/corporates)
  • Video guide to Piers Leslie’s charts - Piers talks about the markets from a chartist’s point of view. To help understand these charts, we recommend watching this short video where Piers explains some of the techniques he uses.

 

View our full disclaimer (https://bit.ly/3oHWWb2).

 

We often use a few acronyms in our videos. Click here to see a list of our key terms.

 

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