What’s Next for Central Bank Decisions, Dollar and Yen Carry

What’s Next for Central Bank Decisions, Dollar and Yen Carry

In the wake of the rate decisions last week by Fed, ECB and BOJ, what lies ahead for forex? In this episode, we talked to Clive Ponsonby, a former forex trader at JPMorgan and author of Currency View, for his take on: 

  • the market expectation of rate decisions by the Fed, ECB and BOJ, and forex opportunities looking forward
  • why Fed leans hawkish and ECB dovish 
  • the likelihood of CPI undershooting versus overshooting
  • how to read Yen carry trades as a bullish indicator