Macquarie FX Strategist Daly on Europe's Political Shift, ECB Outlook

The video discusses the potential risks of fiscal policies in Europe, emphasizing the historical context as a predictor. It explores the impact of EU elections on immigration policy and banking union, highlighting the influence of right-wing populist groups. The euro's economic dynamics are analyzed, focusing on its role as a risk currency and the upcoming ECB meeting's potential impact.

In what ways does the euro act as a risk on/risk off currency?

What are the expectations for the ECB meeting on June 6th, and why are they significant?