Credit Suisse FX Strategist Watches for Disruptive Brexit

The video discusses the relationship between rising inflation and foreign exchange, highlighting the impact of oil deflation and inflation dynamics in the US, Germany, and Italy. It explores how currencies react to persistent high inflation and the role of central banks in managing purchasing power. The discussion also covers the pound sterling's performance in a post-Brexit environment, emphasizing the potential for a disruptive Brexit to weaken the currency.

Discuss the relationship between political drama and currency strength as mentioned in the text.

What is the significance of a 'hard Brexit' in the context of currency valuation?