Euro-Dollar Parity Talk, Dollar-Yuan, Intra-Asia FX: FX Moment
In our latest FX Moment podcast, Audrey Childe-Freeman, Bloomberg Intelligence chief G-10 FX strategist, and Stephen Chiu, chief Asia FX and rates strategist, reflect on navigating the G-10 and Asia foreign exchange markets in 2Q, while awaiting a shift in US economic data, Fed easing expectations and the dollar's fortunes. Audrey acknowledges recent chatter about euro-dollar parity, but doesn't embrace the view for now as much bearish news is priced in already. Stephen confirms that dollar-yuan bulls remain at the mercy of a dollar move lower and PBOC support for now, while there are also relevant intra-Asia FX views to consider into 2Q.