With dollar bulls relishing the start of Federal Reserve tapering, Delphine Strauss, currencies correspondent, asks Michael Sneyd, foreign currency strategist at BNP Paribas, what could throw their predictions off course. Also: what will the year ahead bring for the euro, and is the Canadian dollar set on a downward trend?
Turkey is in political turmoil. In recent weeks a corruption scandal has gripped the government, resulting in a series of arrests, the moving of hundreds of senior police officers, a challenge to the power base of Prime Minister Recep Tayyip Erdogan and a split between Mr Erdogan and his former backers in the Gulenist movement.
In this week’s podcast, Gideon Rachman is joined by Daniel Dombey, Turkey correspondent and Tony Barber, Europe editor, to discuss how these developments threaten the political and economic stability of this large dynamic country that is vital to the geopolitics of both Europe and Asia
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