SocGen’s Daw Sees More Downside for Yuan, Won

The video discusses the impact of monetary policy on global markets, highlighting the dollar's strength amid global growth slowdown. It analyzes the performance of Asian currencies, particularly the Chinese yuan, in response to trade tariffs. The discussion covers the potential for a currency war and the role of economic fundamentals. Future projections for the Chinese yuan and Japanese yen are explored, considering global economic conditions and safe haven dynamics.

What is the effect of slowing global growth on the US dollar and emerging market currencies?

• Positive for the dollar, negative for emerging market currencies

• Negative for the dollar, positive for emerging market currencies

• Neutral for both the dollar and emerging market currencies

• Positive for both the dollar and emerging market currencies

How is the Chinese currency being used in response to tariffs?

• To increase trade deficits

• To strengthen against the US dollar

• As a reactive and defensive tool

• As an offensive tool

What could cause further depreciation of the Chinese currency?

• Strengthening of the US economy

• Deepening of the trade war

• Reduction in tariffs

• Increase in global growth

What is the potential impact of global recessionary concerns on the Japanese yen?

• It could remain stable

• It could strengthen due to its safe haven status

• It could lose its safe haven status

• It could weaken significantly

Why might the yen be considered an attractive trade against the Korean won?

• Due to its strong economic growth

• Due to its offensive currency strategy

• Because of its safe haven status

• Because of its high interest rates