Shaun Osborne, MD and Chief Currency Strategist at Scotiabank, examines the forces at play that are contributing to US dollar depreciation.
While US COVID-19 case numbers have risen drastically over the last few months the US dollar has slid, with the US dollar index off over 10% since its March peak. Typically, in times of global crisis the dollar acts as a safe haven, but there are several forces at play this time around that are contributing to dollar depreciation. In this episode of Market Points, Shaun Osborne, Managing Director and Chief Currency Strategist at Scotiabank, returns to the podcast to triage the ailing greenback.
Market Points is part of the Knowledge Capital Series, a collection of audio, video and written commentary from Scotiabank Global Banking and Markets' leaders and experts, designed to provide you with timely insights and analysis.
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