Themos Fiotakis

Themos Fiotakis, Head of FX Research at Barclays, discusses the uncertain future of the U.S. dollar amidst shifting trade policies and market sentiments. He delves into how trade wars and tariffs are impacting the dollar’s global status and investor confidence. The conversation highlights concerns over the long-term de-dollarisation of reserves and the challenges posed by U.S. trade deficits. Fiotakis also touches on geopolitical factors influencing the dollar's dominance and explores light-hearted topics like travel plans related to currency strength.

Themos Fiotakis, Global Head of FX and EM Macro Strategy at Barclays, dives into the fascinating intersection of AI-driven capital expenditures and currency markets. He discusses how the immense pledges for AI investments are not currently reflected in FX market reactions, exploring historical investment cycles and the implications for the dollar. Themos also examines the risks surrounding CapEx financing, the ongoing narrative of de-dollarization, and highlights the potential benefits for metals exporters amid rising AI demand. Buckle up for insights on the future of the dollar!