Dollar-Won Has a Lot of Room to Go Up Again: SEB's Victorino

The video discusses the Bank of Japan's (BOJ) potential for further easing and market expectations. It explores the impact of BOJ decisions on the yen, a defensive currency, and other similar currencies. The Korean won's response to trade war dynamics is analyzed, highlighting its higher beta to trade tensions. The video also examines the probabilities and implications of a phase one trade deal, focusing on its effects on the Dollar Yuan and potential economic scenarios.

What is the market's expectation regarding the BOJ's monetary policy?

• The BOJ will increase interest rates.

• The BOJ will maintain current interest rates.

• The BOJ is expected to ease further.

• The BOJ will follow the ECB's lead.

How does the Korean won typically react to changes in the yuan's value?

• It remains stable regardless of the yuan's value.

• It appreciates by 2% when the yuan appreciates by 1%.

• It depreciates by 1.4% when the yuan depreciates by 1%.

• It appreciates by 1.4% when the yuan depreciates by 1%.

What is a significant factor affecting the Korean won's value?

• Interest rates in the US.

• Domestic demand in Korea.

• Oil prices.

• Tourism in Korea.

What is the probability of the phase one trade deal being signed in November?

• 25%

• 40%

• 55%

• 70%

What condition is necessary for the yuan to breach the seven handle?

• A decrease in US interest rates.

• A schedule for reducing existing tariffs.

• A complete removal of tariffs.

• An increase in Chinese exports.