Rupiah 'Top Pick'; Won Can Continue to Underperform: StanChart

The video discusses the potential decline of the US dollar due to fading tail risks and the end of US growth exceptionalism. It explores the performance of emerging market currencies, highlighting the Indonesian rupiah and challenges for the Korean won. The analysis of the Japanese yen focuses on real yield differentials and the impact of central bank policies. The video also examines the potential effects of trade deals on the renminbi, predicting modest appreciation followed by stabilization due to China's growth challenges.

What role do central banks play in the currency performance discussed in the text?

What are the implications of the potential phase one trade deal on currency values?

What is the outlook for the Chinese renminbi in relation to the US dollar?