Dollar Suffering From a Number of Angles: TD Securities

Dollar Suffering From a Number of Angles: TD Securities

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current weakness of the US dollar, influenced by factors such as optimism towards Europe, US COVID-19 cases, and election uncertainties. It highlights currencies in Asia, like the Sing Dollar and Korean Won, that benefit from this weakness. The risk-dollar relationship is breaking down due to US-specific issues. The resurgence of COVID-19 in regions like Tokyo and Hong Kong poses risks to economic recovery, potentially affecting currencies and asset markets.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the potential for further lockdowns have on currency markets?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are associated with the resurgence of COVID-19 cases in various regions?

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