Enjoy Dollar Bull US Narrative, With No Complacency: FX Moment
The cyclically-driven bullish dollar narrative got another boost last week, with President-elect Donald Trump's expected pro-growth stance implying a policy mix weighted more to fiscal stimulus and less to monetary steps, which would help the dollar. It's also better positioned if Trump pursues tariffs. Host Audrey Childe-Freeman, Bloomberg Intelligence's Chief G-10 FX Strategist, talks to Dr Anna Wong, Bloomberg Economics Chief US Economist, about how the economy, the Fed rate outlook and the fiscal trajectory could affect our dollar outlook. Anna and Audrey touch on how US fiscal woes could impact dollar views via a worsening fiscal premium, though the dollar's role as the global reserve currency won't be challenged any time soon.