Goldman Sachs Strategist Says Canadian Dollar 'Preferred Pick'

The video discusses the impact of the Federal Reserve's hawkish policies on the US dollar, highlighting expected rate hikes. It examines the influence of US rate differentials on Asian currencies, particularly Japan and China, and the role of commodity prices in currency performance, with a focus on Canada and Australia. The sustainability of Japan's yield curve control amidst global inflation is analyzed, along with the Bank of England's approach to managing inflation and its effects on sterling.

What has been the primary driver of the dollar according to the text?

How many basis point rate hikes are expected over the next two meetings?

What is the current situation of the Japanese yen as mentioned in the text?

What factors are contributing to the outlook on the Canadian dollar?

What is the expected impact of the Bank of England's policy on sterling?