StanChart 'Very Bullish' on Yen, 'Bearish' on Baht

The video discusses the implications of a strong US jobs report on rate cuts, predicting a slower pace of cuts and a weaker dollar. It explores the potential impact of global easing by the ECB and Japan on the dollar, suggesting a 3-5% weakening. The analysis extends to the Thai Baht and Asian FX, highlighting weak global activity and bond inflows as key drivers. The Aussie dollar's resilience is linked to its role as a proxy for China data. Finally, the video examines Sterling's valuation, considering political uncertainties and market positioning.

What is the expected impact on the U.S. dollar if the Federal Reserve starts cutting rates?

• The dollar will strengthen by 10%

• The dollar will strengthen by 3 to 5%

• The dollar will weaken by 3 to 5%

• The dollar will remain stable

What is the expected impact on the Euro if the ECB starts cutting rates?

• The Euro will remain stable

• The Euro will strengthen significantly

• The Euro will weaken significantly

• The Euro will weaken slightly

Which factor is NOT mentioned as influencing the performance of Asian currencies?

• Bond inflows

• Local political stability

• U.S. interest rates

• Weak global activity

What is the main reason for the Australian dollar's resilience despite rate cuts?

• Strong domestic economic growth

• Its role as a proxy for Chinese economic data

• Increased tourism

• High interest rates compared to other countries

Which currency pair is expected to outperform according to the analysis?

• Aussie and Kiwi

• Swiss Franc and US Dollar

• Sterling and US CAD

• Euro and Yen