What's the Conviction Trade in Currencies?

The video discusses the recent volatility in G7 FX markets, focusing on the dollar's position adjustments and market sentiment. It highlights the lack of conviction trades and the impact of monetary policy and economic indicators, such as the Fed's stance and Brexit. The analysis includes yield trends and their influence on the dollar, concluding with trading strategies for the current market environment.

What are the expectations regarding the yen and euro in the current market?

What does the speaker believe is necessary for the Fed's monetary policy narrative to redevelop?