Rakuten Securities' Twidale Sees U.S. Dollar Moving Higher

The transcript discusses the ongoing strength of the US dollar, influenced by the trade war and Federal Reserve's rate hikes. It highlights the escalating tensions between the US and China, with potential impacts on the yuan. The yuan's role as an anchor currency is examined, along with its performance against the dollar and a trade-weighted basket. The discussion suggests that while short-term solutions may not be effective, long-term strategies could stabilize the yuan. The importance of monitoring the yuan against both the dollar and the basket is emphasized for market players.

What factors are contributing to the expectation of further dollar strength?

How is the trade war affecting the market according to the discussion?

What is the significance of the upcoming meeting between Trump and the Chinese President?

What potential actions might China take in response to the trade situation?

How might the yuan's performance against the dollar and the CFETS basket impact the Chinese economy?