HSBC Joey Chew on FX Outlook

The video discusses the influence of the dollar on market movements, highlighting the DXY index's rise due to the Fed's policies and global economic slowdown. It examines the Fed's hawkish stance and its impact on inflation and global growth data. The Chinese economy's weakness and currency policies are analyzed, noting the PBC's interventions. Central banks' interventions, including FX reserves and verbal actions, are explored. The video concludes with a discussion on future currency risks, focusing on deficit currencies and potential interventions.

What role do central banks play in managing currency depreciation as discussed in the text?

Which currencies are identified as being at risk of further depreciation?