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Meera Chandan, Antonin Delair and Patrick Locke discuss the lower conviction and data dependent outlook for the dollar, as well as implications from systematic signals, the US government shutdown and payrolls. Risks around the EUR/USD view as well as AI-FX linkages are discussed.

Speakers Meera Chandan, Global FX Strategy Antonin Delair, Global FX Strategy Patrick Locke, Global FX Strategy

This podcast was recorded on September 26, 2025.

This communication is provided for information purposes only. Institutional clients can view the related report at

Global FX: Systematic signals, payrolls/ shutdown, risks to EUR/USD, AI-FX links

At Any Rate