Dollar Is Still the Best of a Bad Bunch, Says HSBC's Bloom

The video discusses the potential weakness of the US dollar, with some analysts predicting poor performance due to investors seeking better yields elsewhere. Despite this, the speaker remains in the strong dollar camp, citing the US as the best of a bad bunch. The discussion then shifts to Brexit and its impact on the British pound, with forecasts suggesting a positive outlook for sterling due to potential outcomes like no Brexit or a referendum. The video also covers predictions for the Chinese yuan against the US dollar, expecting slight weakness due to trade wars and market optimism. Finally, currency trade recommendations are provided, highlighting concerns about fiscal positions and a preference for sterling.

What factors contribute to the expected poor performance of the US dollar according to the text?

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How does the speaker view the consensus on the future of sterling?

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What are the potential outcomes for Brexit mentioned in the text?

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What is the speaker's prediction for the Chinese yuan in relation to the US dollar?

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What is the speaker's recommendation regarding the Canadian dollar?

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