A Little Momentum Left in the U.S. Dollar, Says NatWest Markets’s Lin

A Little Momentum Left in the U.S. Dollar, Says NatWest Markets’s Lin

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Business

University

Hard

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The video discusses the potential bearish reversal for the US dollar if October ends below September's low. Despite Fed rate cuts, the dollar remains strong against G10 currencies due to other central banks' dovish stances. The US GDP slowdown isn't fully reflected in data, but a soft report could affect treasury yields. The US-China trade deal's impact on currencies is limited, with market optimism already high.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the Federal Reserve's actions on the US dollar in the short term?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of the GM strike on payrolls and GDP as mentioned in the text.

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