Dollar to Remain `Relatively-Supported,' Pimco's Sundstrom Says

The video discusses the current market context, focusing on the US economy and its performance in the first quarter. It explores the potential impact of global recovery on the strength of the US dollar, considering factors like GDP and central bank policies. The discussion highlights the possibility of the Federal Reserve being the first to hike interest rates, which could influence the dollar's value.

What implications does the text suggest about the dollar if a global recovery occurs?

Which central bank is mentioned as likely to hike interest rates first?