28 December 2023
Money in the Market: Will the US dollar erase all the gains in 2024 amid interest rate cuts?
This year, which saw roaring inflation and rising interest rates moving markets, currency pairs have hit historic highs. In fact, 2023 saw a strong start for the US dollar. But with interest rate cuts on the table for next year, how low can the US dollar go? Will it erase all the gains it saw in the past two years?
What about the Japanese yen? What’s next for the yen amid the possibility that the Bank of Japan may finally shift its monetary policy?
On Money in the Market, Hongbin Jeong speaks to Simon Harvey, Head of FX Analysis at MonFX, to find out more about the performance of forex markets in 2023 as well as the outlook for 2024.

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Listen To His Previous Podcasts:

26 October 2023
Money in the Market: How much higher can the US dollar go?
We’re just about a week ahead of the next US Fed interest rate decision. While it’s widely expected that interest rates will stand pat once again, more clues on the policy path will be provided post-decision.
So how is the US dollar faring ahead of this decision? Can we expect more volatility? What are some of the risks FX traders should be looking out for?On Money in the Market, Hongbin Jeong speaks to Simon Harvey, Head of FX Analysis at MonFX, to find out more about the outlook of the greenback.

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22 September 2023
Money in the Market: Is the era of the King Dollar back?
Higher for longer US interest rates coupled with the outperformance of the US economy are keeping the uptrend in the US dollar intact. The greenback has re-confirmed its status as king and continues growing stronger as US Federal Reserve chief Jerome Powell delivered what was expected: a hawkish pause. On Money in the Market, Hongbin Jeong speaks to Simon Harvey, Head of FX Analysis at MonFX, to find out more about how the dollar is faring and how other regional currencies are moving on the back of a stronger dollar.

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3 August 2023
Money in the Market: Should you be buying into the US dollar at the moment?
The US dollar fell against a basket of its peers after the Federal Reserve raised interest rates by a quarter of a percentage point last week, citing still-elevated inflation as a rationale for what is now the highest US central bank policy rate in 16 years.
So how is the greenback faring this week? Is the US dollar set for more volatility?
To find out more about the US dollar and other currencies on the back of last week’s slew of interest rate decision, on Money in the Market, Hongbin Jeong speaks to Simon Harvey, Head of FX Analysis at MonFX.

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16 June 2023
Money in the Market: Will the US dollar continue to rally following the Fed's decision to pause rates?
Speculation was rife about the performance of the US dollar as markets deliberated upon whether or not the US Fed would hold firm on interest rates, or tighten its monetary policy.
The Fed ultimately decision to pause rates, while also signalling that borrowing costs will increase by another 50 basis points by end-December, causing the greenback to rally in Asian trading. How and why did this happen?
Meanwhile, the Japanese yen fell to a 7-month low following the Fed's decision. Was this surprising, and how have other Asian currencies fared?
On Money in the Market, Emaad Akhtar speaks to Simon Harvey, Head of FX Analysis at MonFX, to find out more.

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13 March 2023
Money in the Market: Is a structural decline in the USD likely this year?
The US dollar has surged once again in recent days, especially after Fed Chair Jerome Powell warned once again that rate hikes will be here to stay for longer. So is the period of volatility in currency markets set to last for the rest of this year? Will there be any regional currencies that will be able to withstand the strong greenback? On Money in the Market, Hongbin Jeong speaks to Simon Harvey, Head of FX Analysis at MonFX, part of the Monex group, to find out more.

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