StanChart ‘Still Dollar Sellers’ Amid Relentless Trade: Englander

The video discusses the ongoing trend of selling the dollar, driven by US policy settings and low interest rates, which contribute to a weaker currency. It contrasts the US economic recovery with Europe's, noting the US's potential for faster growth due to less strict lockdowns. The discussion also highlights the role of emerging markets, where yield differentials remain significant, and their potential impact on the dollar's value.

What has been the primary trade involving the dollar since late October?

• Holding the dollar

• Ignoring the dollar

• Selling the dollar

• Buying the dollar

What is the expected outcome of the US fiscal policy according to the discussion?

• Stronger currency

• Weaker currency

• Stable currency

• No impact on currency

Why might the US dollar be considered more bullish compared to the Euro?

• US is expected to grow faster

• US has stricter lockdowns

• US is expected to grow slower

• Europe has a stronger economy

What is the state of yields in emerging markets compared to the US?

• Higher than the US

• Lower than the US

• Not significant

• Equal to the US

What is the anticipated driver of dollar weakness?

• US lockdown measures

• US fiscal policy

• Emerging markets

• European recovery