SocGen’s Jukes: Sit Back, Beware Volatility Supporting Dollar

The transcript discusses the current state of the dollar, market sentiment, and the potential for negative interest rates in the UK and US. It highlights the challenges faced by central banks in managing economic policy, especially in light of the pandemic. The conversation shifts from foreign exchange to fixed income, emphasizing the bond market's role and the implications of negative rates on economic stability.

What are the concerns regarding the dollar mentioned in the text?

What factors contribute to the volatility of the markets in August according to the speaker?

What is the significance of the bond market as mentioned in the text?

What does the speaker suggest about the relationship between negative rates and the current account deficit?

How does the speaker view the potential for negative rates in the United States?