US dollar confidence to remain an issue
Following another week of back-and-forth on the status of President Trump’s trade tariff policies Derek Halpenny, Head of Research, Global Markets EMEA and International Securities talks to Shan Husain, FI FX Sales about the latest trade policy developments including the uncertainty over the legality of reciprocal tariffs. Derek discusses the impact on the dollar ahead and the implications of the continued doubts over confidence in US assets. Derek looks ahead to the ECB next week and the growing belief in Europe that the euro can take on a greater reserve currency status given increasing US dollar doubts.