ECB Said to See Option for Short Taper

The video discusses the European Central Bank's (ECB) tapering strategy and its dovish stance under Draghi. It highlights the ECB's quantitative easing (QE) expectations and the market's reaction to these announcements. The discussion extends to the implications for interest rates and the euro-dollar exchange rate, noting the market's positioning and sentiment. Additionally, the video covers the progress of US tax reforms and their potential impact on market sentiment, particularly concerning the dollar.

What factors are contributing to the bearish sentiment towards the dollar?

What are the potential risks mentioned by Draghi regarding growth?