Unio GMC Outlook – Time for the Anti-Dollars?

At this month’s Global Macro Council, we examined the case for dollar weakness, or correspondingly a pickup in the currencies that one contributor, Harvinder Kalirai of Alpine Marco, referred to as the ‘anti-dollar’, i.e., the euro.

In the case of the euro, there is a cyclical case to be made that, with several rate cuts from the ECB about to ‘arrive’, and signs that activity is beginning to pick up across the large European economies, the relative economic momentum between the US and the euro-zone will begin to narrow.

This month, we were fortunate to be joined by guest speakers Hugh Gimber at JP Morgan, and Harvinder Kalirai at Alpine Macro. Thank you both for sharing your insights and expertise.

Read May’s Global Macro Outlook in full.

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