Global FX: Cease-fire, the dollar, DM/EM FX impact, IMF round-up

About this episode

The episode discusses the outlook for the dollar and carry strategies across regions, along with insights from the IMF/WB spring meetings.

This week, our global FX & EM strategists discuss the outlook for the dollar and the renewed case for carry across regions. We also discuss FX-relevant takeaways from the IMF/WB spring meetings. This podcast was recorded on 17 April 2026. This communication is provided for information purposes only. Institutional clients can view the related report at https://www.jpmm.com/research/content/GPS-5261547-0, https://www.jpmm.com/research/content/GPS-5263280-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2026 JPMorgan Chase & Co. All rights reserved. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. It is strictly prohibited to use or share without prior written consent from J.P. Morgan any research material received from J.P. Morgan or an authorized third-party (“J.P. Morgan Data”) in any third-party artificial intelligence (“AI”) systems or models when such J.P. Morgan Data is accessible by a third-party.

Topics covered

• global FX
• dollar outlook
• EM strategists
• IMF/WB spring meetings

Keywords

• FX impact
• carry trade
• developed markets
• emerging markets

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