U.S. Treasury Weakening the Dollar 'Unlikely,' HSBC's Maher Says

The video discusses JP Morgan's suggestion that the US Treasury might intervene in the FX market to weaken the dollar. The speaker considers this unlikely, given current US policy trends favoring a strong dollar, supported by the Federal Reserve's actions and trade war risks. The possibility of the Treasury acting to weaken the dollar is seen as improbable and potentially contradictory to US criticism of other countries' currency manipulation. Overall, the speaker views such intervention as a low-probability event.

Why might the US be reluctant to mimic other countries' currency manipulation?

What is the speaker's perspective on the likelihood of a weaker dollar?