AI sell-off and central bank decisions: What do they mean for the US dollar?
Following a busy week of central bank meetings and further evidence of deteriorating sentiment related to AI, Derek Halpenny, Head of Research Global Markets EMEA & International Securities sits down with Matt Baldwin, Head of Corporate FX Solutions in the US to discuss the impact of the FOMC meeting on the US dollar. AI is a common thread through their discussions and given the current sell-off in AI Derek outlined the potential FX impact across some of G10. There was also a discussion about the BoJ following the formal acknowledgement from Governor Ueda that the inflation goal of 2.0% had been achieved.