How Geopolitical Risks Can Impact the 2019 Currency Market

The video discusses the potential downside for the dollar in 2019 amidst rising geopolitical risks, highlighting the eurozone's current account surplus and the Japanese yen as a risk-off currency. It then shifts focus to the Indian rupee, considering the impact of a new RBI governor and political pressures on central bank independence. The discussion extends to emerging markets, emphasizing the need for idiosyncratic analysis rather than viewing them as a basket. Finally, predictions for 2019 include a lower dollar, euro satellite outperformance, and potential gains for the Australian dollar.

In what ways have central bankers been pressured in 2018, and how might this affect their policies?

What are the key considerations for evaluating emerging market currencies individually?