In this Macro Matters edition, host and BI Chief U.S. Interest Rate Strategist Ira Jersey is joined by BI Chief G10 FX Strategist Audrey Childe-Freeman and Interest Rate Associate Rates Strategist Angelo Manolatos.
Freeman begins discuss the reasons the dollar may have turned recently and why she's still somewhat bullish, but believes the euro could also surprise as she thinks economic growth may beat expectations. She then talks about central bank outlook may affect her view on FX, plus how currency pairs may react to a risk off event as central banks tighten monetary policy. In the Fun Fed Facts segment, Manolatos reviews how the Federal Reserve started portfolio runoff in the prior tightening cycle, and how much is available for runoff if the Fed decides to take such action later this year.