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Thoughts on positioning are digested by Kay Van-Petersen, macro strategist at Saxo Capital Markets, as he looks at the USD, EUR, GBP, MXN and the Fed.
Van-Petersen believes that the Fed's next move will be a rate hike, but sees that the market is too aggressive and that we are closer to the end of the rate hike cycle than most people think.
However, Van-Petersen says that inflation is a key risk element.
03:01 minutes
Tags: currencies, currency, currency pairs, eur, federal reserve, fx markets, gbp, mxn, saxobank.com, saxotradergo, tradingfloor.com, usd