Ongoing Support for Dollar Expected, Westpac's Callow Says

The video discusses the ongoing support for the US dollar, driven by geopolitical concerns and the Federal Reserve's commitment to rate hikes. It advises FX investors to trust the Fed's plans for further rate hikes and suggests buying dips in the market. The video also explores the growing role of the yuan in FX turnover and central bank reserves, highlighting the need for further internationalization of the yuan to challenge the US dollar's dominance.

What factors are contributing to the ongoing support for the US dollar?

How does the Federal Reserve's approach to rate hikes differ from other central banks?

What is the expected timeline for further rate hikes according to the discussion?

In what ways is the relationship between the US dollar and the yuan evolving?

What are the potential risks to the US dollar's internationalization in the coming years?