How vulnerable are FX markets to tariff whiplash?

Update: 2025-05-30

Description

This week Eimear Daly, Brian Daingerfield, and Paul Robson discuss the current state of global markets, focusing on US trade re-escalation and de-escalation – and the impact on global FX markets.

Remember to hit subscribe so you can listen to the latest episodes in this series as soon as they're available and get our views on the big themes and events moving markets and shaping the economy.

NB. This episode was recorded on 29 May 2025.

For any terms used please refer to this glossary https://www.natwest.com/corporates/insights/markets/glossary.html

Please view our full disclaimer here: https://www.natwest.com/corporates/disclaimer.html

Comments

In Channel

Budgets, politics and market moves

2025-10-1727:09

What Japan's elections mean for the yen

2025-10-1016:54

Policy meets expectations, but long-term questions linger

2025-09-1920:27

What to expect from a more dovish Fed

2025-09-1218:50

Sterling moves and updates from Europe

2025-09-0517:24

A busy, busy week for the dollar

2025-08-0119:52

What next for Japan, and central bank updates

2025-07-2520:47

Labour, inflation, and tariffs – oh my

2025-07-1826:35

Fireworks for 4 July, but are markets celebrating?

2025-07-0415:51

Middle East tensions ease, with mixed fortunes for dollar and sterling

2025-06-2720:59

Interest rate holds and global uncertainty

2025-06-2013:42