Dollar Saw ‘Good, Old-Fashioned Safe Haven Buying’: BlackRock’s Koesterich

The video discusses the recent strength of the dollar and its role as a safe haven in times of market risk aversion. It explores the implications for multinationals and asset allocators, especially when traditional hedges like gold and duration are less effective. The discussion also covers the impact of central bank policies on the FX market, highlighting the challenges posed by low interest rates and the search for effective currency hedges.

In what ways have central banks' policies influenced FX volatility?

What are some convex expressions in currency hedging that have been identified?