How Ever-Changing Narrative Shapes the Dollar Outlook: FX Moment

FX Moment podcast, host Audrey Childe-Freeman, Bloomberg Intelligence chief G-10 FX strategist, reflects on how the G10 FX narrative has evolved over the past couple of months and how this has shaped dollar sentiment back to all bullish from all bearish. Identifying how the narrative evolves from here is the next key challenge when it comes to assessing the US dollar's likely near-term fortune, and data watching may become highly relevant again in the next few weeks in that respect. Bloomberg Intelligence's FX team expects a negative dollar story to return in the course of 2023, but it can't be a linear view and the US macro and yield trajectory must adjust back to more benign levels first.