Aussie Dollar a Good Buy if Biden Wins Election: Nordea

Aussie Dollar a Good Buy if Biden Wins Election: Nordea

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Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the yen as a safe haven leading up to the election, suggesting it may not be as favorable post-election if Biden wins. It highlights emerging markets as a good investment post-election due to Biden's trade policies, which are expected to boost dollar liquidity and world trade. The discussion also covers G10 currencies, particularly the Australian dollar, as a promising investment in the event of a Biden victory, due to its correlation with emerging markets and commodities.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what scenario does the speaker believe emerging markets will thrive?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What risks does the speaker associate with G10 currencies?

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