Dollar Strength to Last as Long as Coronavirus Fears: Rabobank’s Foley

The transcript discusses adjustments in euro forecasts and the dollar's role as a safe haven amid the coronavirus pandemic. It highlights historical currency preferences, such as the Swiss franc, and examines the impact of recent news on the yen. The discussion concludes with predictions for the future strength of the dollar and yen.

What is the main reason banks are adjusting their euro forecasts?

• A decline in eurozone economic growth

• The strong dollar forecast

• A shift in global trade policies

• Changes in European interest rates

Which currency was historically considered a safe haven alongside the Swiss franc?

• The Japanese yen

• The US dollar

• The British pound

• The euro

Why is the dollar considered a better option for investors compared to the euro and Swiss franc?

• It is less affected by global events

• It is widely used in international trade

• It is more stable

• It has a higher yield

How did the coronavirus news affect the Japanese yen?

• It caused the yen to appreciate significantly

• It weakened the yen's safe haven status

• It had no impact on the yen

• It strengthened the yen's safe haven status

What is the expected trend for the dollar as long as coronavirus concerns persist?

• The dollar will remain strong

• The dollar will weaken

• The dollar will lose its safe haven status

• The dollar will fluctuate unpredictably