Long List of Reasons to Keep Selling the Euro: Mizuho's Rochester

The video discusses the euro's challenges, including tariffs and European macroeconomic issues. It highlights the worsening industrial recession in Germany and the potential downturn in the services sector. The video also explores the potential market impacts of the U.S. presidential inauguration, focusing on tariffs and executive orders. The discussion suggests that the market may react to these events with mean reversion, affecting the euro and dollar exchange rates.

What could happen if tariffs do not feature in the list of executive orders from Donald Trump?

What does the term 'mean reversion' refer to in the context of the market?