Markets Weekly podcast (2 February 2026): Currency market special

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In this week’s podcast, Stefano Mascoli, Head of FX and Capital Markets in Monaco, joins host Julien Lafargue to discuss the drivers behind the recent sharp moves in currency markets. Are investors witnessing a structural shift in the US dollar? How much further could the yen rally? And what role did the prospect of a coordinated US–Japan intervention play in markets?

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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