China's economy bounces back. But what about its currency?

Published: April 21, 2023, 2 p.m.

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Welcome to the latest episode of FX Talk, where we bring you all the latest news, headlines, and developments in the foreign exchange market. In this fortnightly dose, we cover the most important events that have occurred since our last episode. Despite a quieter period in the markets, banking uncertainty has been a key focus, which has now significantly abated. On the positive side, risk sentiment is high, with most currencies performing well against safe havens, and there has been a broad sell-off of the USD. We'll also discuss the signs of continued cooling in US inflation, which has contributed to the expectation that the Fed may soon end its hiking cycle. So, sit back, relax, and let's dive into the latest news in the FX market.

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