Saywell: Pound Probably Around Most Extreme Level

The transcript discusses the potential impact of Brexit on the market, particularly focusing on sterling's valuation and its potential rebound. It highlights the role of government rhetoric and market speculation in influencing currency values. The discussion also covers the dollar's performance post-Trump election, emphasizing the importance of US yields and Fed policies. The analysis suggests opportunities in currency trading, particularly in low-yielders like the yen, and anticipates potential shifts in euro-dollar parity.

What are the implications of the Treasury speaking to major banks according to the speaker?

What does the speaker indicate about the dollar's position in the current market?