In this episode, Eimear Daly, Paul Robson and Brian Daingerfield discuss the political and macroeconomic themes currently shaping FX markets, including:
* Rising UK political uncertainty and implications for sterling
* Why markets may be underestimating UK fiscal risks
* Japan’s FX intervention strategy and US reaction
* Structural challenges facing the Japanese yen
* Key takeaways from the Trump–Xi summit in Beijing
* The geopolitical implications for currencies and global markets
This episode was recorded on 14 May 2026.
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