NAB's Attrill Sees 'Quite a lot' of Downside for Dollar

The video discusses the decline of the US dollar, driven by falling US yields and global economic conditions. It explores the Fed's easing cycle and its impact on inflation, noting the lack of significant inflationary pressure. The potential for further US dollar weakening is considered, alongside the global economic context. The possibility of US intervention in the FX market under President Trump is also examined, though deemed unlikely.

What factors have contributed to the recent weakness of the US dollar?

How does the historical behavior of the US dollar relate to Fed easing cycles?

What is the significance of inflation expectations in the context of Fed policy?

In what ways might global economic conditions affect the US dollar in the future?

What are the potential risks associated with the US dollar's strength under the current administration?