Today I take some questions I received as a starting point to take stock of situation in currencies. After a few years of low volatility and zero or near-zero rates, with the pandemic, inflation started to rise due to David CarliI am a macroeconomic and financial analyst with over 30 years’ experience, including two years as a fund manager. I specialise in currencies and commodities, and I am the author of several successful books on trading, macroeconomics, and financial markets.