We Are Bullish on Dollar vs. Euro: TD's McCormick

The video discusses the evolution of the dollar's position in the market, focusing on the transition from liquidity-driven trades to macroeconomic factors. It highlights the dollar's resilience, market dynamics, and the impact of economic growth and real rates. The concept of washout and new trends is explored, along with the pain trade and currency valuation. The video concludes with strategies for regional currencies, emphasizing the importance of economic mobility and global reflation.

What factors contributed to the weaker dollar three to six months ago?

How has the vaccine campaign impacted the dollar's strength?

What does the term 'washout' refer to in the context of FX trading?

How do real rates validate the move in economic growth?

What is the significance of the pain trade in the current FX market?

What are the implications of the upcoming central bank meetings on the dollar?

Which currencies are expected to outperform in the context of North American growth?