Negative USD Dynamics To Return To The Fore, NAB's Tan Says

The video discusses market reactions to potential transitions, focusing on the weakening trend of the US dollar and its implications. It covers forecasts for Asian currencies, particularly the Chinese yuan, and the impact of the Biden Presidency on US-China relations. The consensus on dollar weakness is examined, along with potential rebounds due to COVID-19 vaccine hopes. The Aussie dollar's performance is evaluated in light of economic factors, while the uncertainty of an EU-UK deal affects sterling. Finally, recent developments in the Kiwi dollar are explored.

What is the market's general reaction to the removal of uncertainty?

• Indifferent

• Negative and cautious

• Highly volatile

• Constructive and positive

What is the expected trend for the US dollar according to the discussion?

• Stable

• Strengthening

• Unpredictable

• Weakening

How does the Biden presidency potentially affect US-China relations?

• Increases political tension

• Has no effect

• Worsens trade relations

• Reduces political tension

What could potentially support the US dollar despite the consensus on its weakness?

• US economic recovery and vaccine optimism

• Increased political tension

• Global economic downturn

• Higher interest rates

What is the year-end target for the Aussie dollar mentioned in the discussion?

• $0.70

• $0.76

• $0.72

• $0.74

What is the main uncertainty affecting the sterling according to the discussion?

• Australian economic recovery

• UK-EU trade deal

• US-China trade relations

• COVID-19 vaccine distribution

What recent development could lead to a reassessment of the Aussie-Kiwi exchange rate?

• Euro depreciation

• US dollar strengthening

• Kiwi dollar developments

• Sterling appreciation