Asian Currencies Can Do Well in 2020: UBS Global Wealth Management’s Schnider

Asian Currencies Can Do Well in 2020: UBS Global Wealth Management’s Schnider

Assessment

Interactive Video

Business

University

Hard

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The video discusses the expected decline of the US dollar in 2020, with a focus on the potential growth of Asian currencies. It highlights carry trade opportunities with the Indian rupee, Indonesian rupiah, and Korean won, while also considering the Russian ruble and British pound. The Aussie dollar is analyzed as a range-bound currency, with a strategy to buy on dips due to expected volatility.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text describe the potential for the Korean won in 2020?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected challenges for the Australian dollar as mentioned in the text?

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