ING's Turner Says March Hike Would Be Good for Dollar.

The transcript discusses the potential impact of Fed rate hikes on the dollar, noting that despite expectations of rate increases, the dollar has not strengthened as anticipated. This is attributed to strong demand for high-yield currencies and synchronized global growth. The discussion also covers the role of core PCE and inflation in influencing dollar strength, with a focus on upcoming economic data and Fed statements. Market expectations regarding Trump's tax plan and its potential to stimulate growth are also examined. Finally, the transcript addresses the ECB's actions and the euro's undervaluation, highlighting interest rate differentials between the US and Europe.

What is one reason the dollar might not be responding to the expected Fed rate hike?

• Increased US export activity

• Low inflation rates in the US

• Strong demand for high-yield commodity currencies

• High demand for US bonds

How might the core PCE data influence market expectations?

• By confirming a sustainable inflation target

• By indicating a decrease in consumer spending

• By showing a decline in employment rates

• By predicting a rise in oil prices

What is the market's current expectation for the number of rate hikes by the end of the year?

• Three

• Two

• One

• Four

What economic impact is expected from the Trump tax plan?

• Decrease in US GDP

• Increase in unemployment

• Stimulated growth into 2018

• Reduction in federal interest rates

What is one reason the euro might be undervalued?

• Increased European exports

• Strong US economic growth

• European interest rates locked on the floor

• High European inflation rates

What is the expected impact of ECB's bond-buying operations?

• Stabilization of the euro

• Increase in European inflation

• Decrease in US interest rates

• Rise in European stock markets

Why might the euro not be falling more quickly against the dollar?

• Increased European interest rates

• High demand for European goods

• Strong European economic growth

• Undervaluation of the euro