Jeremy Stretch, Head of G10 FX for CIBC, joined Zak Mir, Technical Analyst for Zak's Traders Cafe, and Mike Ingram, Strategist for BGC Partners, on the Tip TV Finance Show to firstly discuss the shortcomings of the BoJ strategy of driving down the Yen, before moving on to discuss the Fed minutes which he expects to solve very little and instead urged to watch for which Fed members are speaking and their positions on interest rates. After a brief note on the ECB and the Eurozone, Stretch finished by noting that Brexit is holding back the UK economy and that it is no surprise that the short of Sterling trade will continue up until the 23rd of June.
Topics Covered: BoJ, Federal Reserve, ECB, UK, Sterling,
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