JPMorgan's Hui on FX Strategies

The video discusses the concept of the dollar smile, highlighting the impact of US Fed actions and economic risks like the Delta variant and Chinese regulations. It covers expectations for the Jackson Hole meeting and future Fed actions, including tapering and rate hikes. The resilience of the yuan and its implications for broader currency markets are analyzed. The video concludes with a discussion on commodities, trade outlook, and risk-off strategies.

What is the outlook for the renminbi in relation to the dollar strength?

What recommendations are made regarding risk-off hedges in the current economic climate?