Saxo's Van-Peterson Says Jackson Hole Shaping Up as Hype

The video discusses the upcoming Jackson Hole meeting and its potential impact on currencies, particularly focusing on the euro and the dollar. It highlights the market's expectations from central bankers like Draghi and the Fed, suggesting that the market may be underestimating the Fed and overestimating the ECB. The speaker advises caution in currency positioning, especially against the dollar, and suggests using call options for long dollar yen positions. The current weak sentiment towards the dollar and its effect on the euro is also analyzed, with uncertainty about future catalysts for change.

What strategy does the speaker suggest for trading against the dollar?

What concerns does the speaker express regarding potential conflicts affecting currency positions?