There Is Scope for Incremental Gains for Pound, Says NAB’s Attrill

The video discusses the potential rise of sterling against the US dollar following the Conservative government's election victory, with predictions of incremental gains. It highlights uncertainties in UK-EU trade negotiations, which could affect sterling's rally. The video also analyzes the US dollar's performance, noting its resilience despite expectations of depreciation, and the influence of European economic stabilization on currency dynamics.

What was the predicted range for sterling against the US dollar following the Conservative government's majority?

• 1:36 to 1:39

• 1:35 to 1:38

• 1:33 to 1:36

• 1:30 to 1:32

What could potentially happen if the UK and EU fail to agree on a trade arrangement by mid-next year?

• The UK will face economic sanctions

• The UK will have to accept EU trade terms

• The transition period could be extended by 1 to 2 years

• The UK will automatically leave the EU

What is the main reason for the US dollar being under pressure as we go through 2020?

• A significant drop in the euro

• An increase in US interest rates

• A dramatic rise in sterling

• A decrease in US economic growth

What is the expected overall depreciation of the US dollar in 2020?

• 3%

• 2%

• 4%

• 1%

What factor could lead to a more substantial depreciation of the US dollar?

• An increase in US interest rates

• A decline in Asian markets

• A shift in relative growth performance favoring Europe

• A decrease in European economic growth