Patrick Locke

Patrick Locke, a Senior FX strategist at JPMorgan, and James Nelligan, also a Senior FX strategist from London, discuss the aftermath of DM central bank Superweek. Locke dives into the Fed's dovish tone and its effects on currency trends, exploring pro-cyclical FX and opportunities in emerging markets. Nelligan analyzes the hawkish stance of Norges Bank and the fiscal challenges facing the UK, shedding light on how these factors influence European currency fair value and upcoming shifts in the SNB and Riksbank.

James Nelligan and Patrick Locke, both Global FX Strategists at J.P. Morgan, dive into the dynamic world of foreign exchange. They discuss the dollar's volatility, influenced by recent U.S. macroeconomic data and geopolitical tensions. The duo highlights the Euro's resilience amid trade challenges and reviews upcoming central bank actions in Europe. They also explore the implications of U.S. CPI numbers on market expectations and assess how currency fluctuations could impact stock performance.

Join Patrick Locke, a J.P. Morgan analyst focused on FX outlook, and James Nelligan, who specializes in UK data, as they dive into the impact of Japan's recent elections on fiscal policies and the yen. Hear their insights on U.S. monetary policy volatility and its ripple effects on the dollar. They also tackle the UK's economic challenges and the bearish outlook for the sterling amid stagflation fears. The discussion rounds out with trends in global FX reserves, signaling potential shifts in currency dynamics.