2023 Evolving FX Drivers and Losing US Dollar Appeal: FX Moment

In our latest FX Moment podcast, host Audrey Childe-Freeman, Bloomberg Intelligence (BI) chief G10 FX strategist, along with chief Asia FX and rates strategist Stephen Chiu, reflect on next year's Global FX Outlook and assert that evolving FX drivers mean that conditions for a weaker US dollar are in place as we contemplate 2023. There are risks to the view and it's not a linear outlook, but looming inflation and rate peaks, a shift of focus from inflation to growth and a return in risk appetite mean that the case for holding dollars is weakening considerably.