Credit Suisse's Jalinoos on Euro Strength and the ECB

The video discusses the European Central Bank's (ECB) concerns about the euro's recent strength and its implications for monetary policy. It highlights the ECB's focus on the trade-weighted euro rather than just the euro-dollar rate. The discussion also covers the ECB's unique position in the global market, its negative rate environment, and the potential for market surprises. The video concludes with the idea that the euro may continue to rise until the ECB initiates a rate hiking cycle.

What is the significance of the current account surplus mentioned in relation to euro strength?

What might trigger the market's perception of euro strength to change according to the discussion?