CBA's Haddad Expects U.S. Dollar to Struggle Higher

The video discusses the interplay between US-China trade relations, currency issues, and geopolitical risks affecting the FX markets. It highlights the US Treasury's stance on China's currency manipulation and the implications for the Chinese yuan. The discussion shifts to risk appetite and its impact on safe haven trades like the yen and gold. The video also examines the US dollar's struggle to rise without aggressive fiscal stimulus from the Trump administration and the Bank of Japan's monetary policy stance. Finally, it explores euro trends, influenced by the ECB's policies and the US dollar's trajectory.

What is the main reason the US Treasury did not label China as a currency manipulator?

• China has a trade surplus with the US.

• China's currency is undervalued.

• China fits only one of the three criteria.

• China fits all three criteria for manipulation.

How did the French election and US government shutdown affect the market?

• Improved risk appetite and supported safe-haven trades.

• Improved risk appetite and supported the dollar.

• Decreased risk appetite and weakened the yen.

• Increased risk appetite and strengthened the dollar.

What is expected to influence the US dollar's ability to rise significantly?

• The European Central Bank's policy.

• The Trump administration's fiscal stimulus plan.

• The US's current account deficit.

• The Bank of Japan's monetary policy.

Why is the euro's significant upside considered limited in the short term?

• The ECB is still easing monetary policy.

• The euro has a large current account deficit.

• The US dollar is expected to weaken.

• The eurozone is facing political instability.

What is a major factor that will influence the euro's trend?

• The eurozone's GDP growth.

• The eurozone's inflation rate.

• The US dollar's trend.

• The ECB's interest rate decisions.