Dollar to Sell Off as Euro Gets a QE Boost: FX Strategist Rochester

The video discusses the impact of the ECB's quantitative easing on the Euro, highlighting a shift from past trends where QE led to Euro weakness. It explores the potential for European equities to attract inflows and outperform. The discussion then moves to currency triangulation, focusing on the Euro, Dollar, and Yen, and the expected recovery phase in six months. The video concludes with an analysis of the Dollar's outlook, considering the Fed's actions and market dynamics, suggesting a potential sell-off as European recovery gains momentum.

Discuss the potential risks associated with the recovery phase mentioned in the text.

What changes in the dollar's strength are anticipated due to the recovery in Europe?