Market May Have Given Up on a Strong Dollar View: Rabobank’s Foley

The video discusses the market's incorrect predictions about the euro-dollar exchange rate over the past few years, highlighting the persistent strength of the dollar. It explores the dynamics between the euro and the dollar, noting a shift in market consensus towards a weaker dollar story. The dollar's role as a safe haven due to its liquidity and transactional advantages is emphasized. Additionally, the video examines the euro's weakness, particularly in light of disappointing German economic data and its exposure to China's economic slowdown.

In what way has the speaker's view on the dollar differed from the market consensus?

What economic conditions in Germany are affecting the euro's performance?