The Macro Brief – The dollar bubble inflates

Paul Mackel, Global Head of FX Research at HSBC, delves into the surprising resilience of the U.S. dollar and its potential for further strengthening against G10 currencies. He examines the impact of political events and economic challenges from regions like China and the eurozone. Paul discusses how recent tariff proposals have caused notable shifts in currency values, particularly the Canadian dollar and the peso. Additionally, he highlights the increasing role of AI in financial market analysis, reshaping how economists approach currency forecasting.