Guests Meera Chandan, Arindam Sandilya, Junya Tanase, Antonin Delair, James Nelligan, and Patrick Locke discuss USD strength, yield compression, US elections, and policy RV as main macro FX themes for 2H. They analyze Chinese Yuan outlook, strong dollar impact on Japanese Yen, macro FX themes, geopolitical risks, and FX volatility.

Arindam Sandilya and Patrick Locke are Global FX strategy experts, while Ben Shatil focuses on Economic & Policy research. They delve into the yen's recent rise and its implications for upcoming BOJ and Fed meetings. The conversation highlights contrasting views on potential rate hikes, exploring their expected impact on the yen’s value. Geopolitical influences and market dynamics, including retail flows and political events, shape the discussion. As they navigate economic uncertainty, they also consider how Fed decisions may further affect global currencies.

Meera Chandan and Patrick Locke analyze US inflation and FOMC implications on FX markets, discuss dollar vol shocks, US economic data effect on interest rates, Euro dollar price action, and impact of yield compression on global FX carry trades for potential currency returns.

James Nelligan, a Global FX Strategist, joins Patrick Locke, who specializes in low-yielding currencies, and Junya Tanase, an expert in cyclical FX markets. They delve into the recent FX implications following a significant Fed rate cut. The trio discusses how U.S. and BoJ policies are shaping market expectations. Key insights include the challenges the dollar faces and the effects of central bank decisions in Europe on currency dynamics. Expect expert analysis on navigating the complexities of foreign exchange in a shifting economic landscape.

Meera Chandan, a global FX strategist, and Patrick Locke, also a strategist in the foreign exchange markets, dive into the recent dynamics affecting the US dollar. They discuss the decline of the dollar linked to shifting interest rates and yield compression. The duo analyzes currency trading intricacies, focusing on the euro-dollar relationship and cautioning against euro overvaluation. They also explore how recent US inflation trends and disinflationary progress could shape future currency rates leading up to the important Jackson Hole meeting.