Cole: Euro-Dollar Parity Could Come, but Not Quickly

The transcript discusses the potential for euro-dollar parity, influenced by monetary policy changes and the Trump presidency. It examines risks to the dollar, including protectionist trade impacts and US earnings repatriation. The currency market's rapid movements, particularly against the yen, are analyzed, with a focus on interest rate expectations. The outlook for the ECB and Bank of Japan policies is also considered, highlighting the influence of US rate expectations on global markets.

What is the speaker's perspective on the ECB's monetary policy decisions?

What debate is expected to drive the market next year according to the speaker?