CBA's Haddad Sees Dollar Edging Lower

The video discusses the Bloomberg Dollar Spot index and the Chameleon Oscillator's momentum. It highlights the US dollar's potential decline due to doubts over healthcare reform and tax packages. The video also covers inflation's impact on US rate expectations and the Fed's gradual normalization process, considering other central banks' policies.

What is one reason mentioned for the potential weakening of the US dollar in the near term?

• Strong economic data from the USA

• Doubts about the health care reform bill passing

• Increase in global oil prices

• Rising interest rates in Europe

What is the Fed's favorite measure of inflation mentioned in the video?

• Consumer Price Index (CPI)

• Producer Price Index (PPI)

• Core Personal Consumption Expenditure (PCE) Deflator

• Gross Domestic Product (GDP) Deflator

According to the video, what is the expected trend for the core PCE deflator in the US?

• Above the FOMC's forecast

• Unrelated to the FOMC's forecast

• Below the FOMC's forecast

• Equal to the FOMC's forecast

What is one factor that could influence the Fed's decision to hike rates?

• Increase in global trade

• Pickup in US inflation

• Decrease in US unemployment

• Rise in US housing prices

What is the expected impact of other central banks' policies on the US dollar?

• Weakening of the US dollar

• Strengthening of the US dollar

• Increase in US dollar volatility

• No impact on the US dollar