Dollar at Crossroads as Tariffs, Growth Path Evolve: FX Moment

An episode of the FICC Focus podcast, hosted by Bloomberg Intelligence, titled "Dollar at Crossroads as Tariffs, Growth Path Evolve: FX Moment" was published on March 1, 2025 and runs 24 minutes.

March 1, 2025 ·24m · FICC Focus

Summary

The weakening path recently observed through US survey evidence has yet to be confirmed by a sustained turn in the core economic news flow, but if confirmed, this could entertain a more bearish dollar outlook than envisaged at the start of the year. In this episode of FX Moment, Bloomberg Intelligence’s chief G-10 FX strategist Audrey Childe-Freeman and Valentin Petrescou, senior portfolio manager at Lombard Odier Investment Managers, discuss the US dollar outlook amid an ever-evolving tariff narrative, with Petrescou arguing that a trade war scenario may not be all that dollar bullish in the current economic cycle. The two also discuss the merits of yen exposure in FX diversification strategies and conclude a euro-dollar parity scenario is fading.

Episode Description