Saywell: Attractive Entry Level to Be Long Sterling

The video discusses the UK's FX policy, focusing on the weak pound and its implications. It includes a trade recommendation to buy the pound with a six-month outlook, considering factors like Mark Carney's tenure and the Bank of England's policies. The discussion shifts to the US dollar, analyzing its impact on the global economy and the role of the Fed's policy in maintaining dollar stability. The video concludes with insights into potential future movements of the dollar, influenced by Fed rate hikes and policy divergence with other central banks.

What is the current state of the pound against the dollar and euro, according to the discussion?

• Strong against both

• Weak against the dollar, strong against the euro

• Weak against both

• Strong against the dollar, weak against the euro

What factor is considered less significant in determining the pound's value?

• Mark Carney's tenure

• Bank of England's policy

• Interest rates

• Quantitative easing

What is the expected trend for the US dollar in the short term?

• Significant increase

• Stability

• Short-term pullback

• Significant decrease

Which institution's policy is a major driver of the US dollar's value?

• European Central Bank

• Bank of England

• Bank of India

• Federal Reserve

What is the potential impact of policy divergence on the US dollar?

• It will stabilize the dollar

• It will lead to a short-term pullback

• It will cause the dollar to rise significantly

• It will cause the dollar to fall