Euro Will Remain Grounded for Time Being: Credit Agricole’s Marinov

The video discusses the cost of yen hedging compared to gold, highlighting yen as a preferred currency for those unable to invest in gold. It examines the Bank of Japan's position in its easing cycle and potential fiscal stimulus. The impact of coronavirus on the euro and FX market is analyzed, noting that many negatives are already priced in, with the euro being undervalued against other currencies.

What is considered the ultimate hedge according to the discussion?

• Euro

• Dollar

• Gold

• Yen

What is the central assumption about the Bank of Japan's monetary policy?

• It will increase interest rates

• It is at the end of its easing cycle

• It will decrease interest rates

• It will maintain current rates

How is the euro positioned in the market according to the analysis?

• Overvalued against the yen

• Stable against the dollar

• Undervalued against the dollar

• Overvalued against the dollar

Which currency is highlighted as a safe haven alongside the yen?

• Canadian Dollar

• British Pound

• Australian Dollar

• Swiss Franc

What is the outlook for the eurozone according to the discussion?

• Significant improvement expected

• No buyers expected due to lack of improvement

• Moderate improvement expected

• Immediate recovery expected