With only days to reach an agreement to increase the US sovereign debt ceiling, Nick Beecroft, senior markets consultant at Saxo Bank looks at the key risks for the US dollar.
In this free-access audio-cast, Beecroft discusses the possible outcome to the US debt crisis, looking at the possibility of another ‘Lehman moment'. The implications of which are more severe with governments unable to come to the rescue, given the strained nature of their finances, says Beecroft.
Speaker bio:
An honours graduate from Oxford University, Beecroft brings more than 25 years of international trading experience within the financial industry, including senior global markets roles at Standard Chartered, Deutsche Bank and Citi. Beecroft was a member of the Bank of England's Foreign Exchange Joint Standing Committee. Beecroft joined Saxo Bank as senior markets consultant in May 2009.
Topics: Foreign Exchange, United States dollar, Saxo
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