Barclays’s Pepper Sees USD-THB at 32.25 by 4Q

The video discusses the anticipated strengthening of the dollar by year-end, driven by the Fed's expected tighter policy. It highlights the impact on emerging markets and other central banks, particularly in Asia, which may adopt a more dovish stance. The analysis covers the dollar's performance, influenced by rate differentials and dovish trends in major central banks like the ECB. The outlook suggests continued economic weakness in other regions, while the US may see policy shifts towards neutrality, supporting further dollar gains.

How does the Fed's policy affect emerging markets according to the discussion?

What is the forecast for the dollar against the Thai baht mentioned in the text?

What factors are influencing the dollar's performance according to the text?

What implications does the Fed's dovish stance have for other central banks?

What are the expected changes in the Fed's policy as the year progresses?