Dollar Off to Rough Start in 2023

The video discusses the persistent weakness of the dollar, which has been ongoing for several weeks. This downturn began late last year, marking a significant shift from the previous year's dollar strength. The current dollar weakness affects asset returns, risk, and portfolio positioning. There are predictions of further weakness, especially against the euro and emerging market currencies, which could alter risk profiles significantly.

What are the potential implications of further dollar weakness against the euro and EM currencies?

How might the risk profile change for investors due to dollar weakness?