HSBC's Maher Says 2018 Won't Be an Exciting Year for the Dollar

The video discusses the weakening correlation between yields and the dollar, influenced by the US trade deficit and fiscal policies. It provides forecasts for the euro-dollar and dollar-yen, suggesting a strengthening yen. The discussion includes contextual factors like BOJ policies and equity markets, affecting currency movements.

What has been the recent trend in the relationship between yields and the dollar?

• Yields have been rising while the dollar has been weakening.

• Yields and the dollar have been moving in tandem.

• The dollar has been strengthening as yields rise.

• There has been no change in their relationship.

What factor has shifted the focus towards the U.S. trade deficit?

• A change in the U.S. administration's policy.

• A rise in the U.S. stock market.

• A significant drop in U.S. bond yields.

• An increase in global oil prices.

What is the revised forecast for the euro-dollar exchange rate by the end of the year?

• 1.20

• 1.25

• 1.30

• 1.15

What is the expected trend for the dollar-yen exchange rate next year?

• Staying at 110

• Dropping to 95

• Weakening to 102

• Strengthening to 105

What historical trend is highlighted in the context of the dollar-yen movement?

• A decline from 130 to 100

• A stable rate at 110

• Fluctuations between 90 and 110

• A consistent rise from 80 to 125