Asian Currencies Can Do Well in 2020: UBS Global Wealth Management’s Schnider

The video discusses the expected decline of the US dollar in 2020, with a focus on the potential growth of Asian currencies. It highlights carry trade opportunities with the Indian rupee, Indonesian rupiah, and Korean won, while also considering the Russian ruble and British pound. The Aussie dollar is analyzed as a range-bound currency, with a strategy to buy on dips due to expected volatility.

What is the expected trend for the US dollar in 2020 according to the transcript?

• A significant appreciation

• A steady decline

• No change

• A rapid increase

Which Asian currency is mentioned as having potential for strength due to its valuation?

• Singapore dollar

• Korean won

• Chinese yuan

• Japanese yen

Which currency is highlighted for its potential carry trade benefits despite a lack of spot appreciation?

• South African rand

• Mexican peso

• Indian rupee

• Brazilian real

What is the expected behavior of the Australian dollar in 2020?

• Rapid increase

• Range-bound movement

• Significant depreciation

• Significant appreciation

What factor is mentioned as a reason for the Australian dollar's range-bound expectation?

• High inflation

• Strong economic growth

• Rising interest rates

• Domestic challenges