Still Bearish on the U.S. Dollar, Says BofAML’s Garg

The video discusses the potential positive impact on Asian assets if certain developments occur by the end of the month, leading to a relief rally. It highlights the strength of the Chinese currency despite weak economic conditions and suggests that central banks may intervene to prevent further appreciation. The video also explains a bearish outlook on the dollar due to political risks in the US and slowing growth, with forecasts for currency pairs like dollar-yen and euro-dollar.

What is the expected trend for the dollar-yen and euro-dollar forecasts by the end of the year?

In what ways do central banks in the region respond to portfolio inflows according to the text?