ING's Turner Sees a 'Benign Decline' for the Dollar

The video discusses the dollar's poor performance in 2017, influenced by global growth and investment confidence. It analyzes the Bloomberg dollar index, highlighting the impact of trading partners' RE ratings. Predictions for 2018 include a continued decline of the dollar and a strong euro, with potential ECB rate hikes. The video also explores currency weightings, particularly the euro's influence, and the promising outlook for Asian markets, especially the Korean won.

What was one of the main reasons for the dollar's poor performance in 2017?

• Decrease in global trade

• Increase in US interest rates

• Global growth and investment confidence

• US growth outperforming expectations

What was a significant factor affecting the Bloomberg dollar index in 2017?

• Re-rating of major trading partners

• US economic recession

• Increase in US exports

• Decrease in global oil prices

Which currency had a significant impact on the Bloomberg dollar index due to its weighting?

• Japanese yen

• Chinese yuan

• British pound

• Euro

What is expected to be a key topic of debate in 2018 regarding the ECB?

• Increase in ECB's gold reserves

• Timing of ECB tapering or ending of asset purchases

• Introduction of a new currency

• Expansion of the Eurozone

Which region's currencies are expected to benefit from the global cycle in 2018?

• North America

• Asia, particularly the Korean won

• Africa

• South America