The USD’s struggle
From The Macro Brief by HSBC Global Research by HSBC Global Research
February 20, 2026 · 10 min
About this episode
Paul Mackel discusses the factors contributing to the weakness of the USD and the currencies that may benefit from it.
Paul Mackel , Global Head of FX Research, looks at what’s causing USD weakness and which currencies could stand to benefit. For more content from HSBC Global Investment Research, just search for #HSBCResearch on LinkedIn. And don't forget to follow our Asia-centric podcast "Under the Banyan Tree" on YouTube , Apple Podcasts or Spotify or wherever you get your podcasts. Email us at AskResearch@hsbc.com for any questions. Click here for appropriate Disclosures, including analyst certifications, and Disclaimers that must be viewed with this podcast: https://www.research.hsbc.com/R/101/rdpJ66b Hosted on Acast. See acast.com/privacy for more information.
People in this episode
Guest: Paul Mackel
Topics covered
- USD weakness
- foreign exchange
- currency benefits
- economic analysis
- investment research
Keywords
- USD
- currency
- foreign exchange
- economic factors
- investment
Mentioned in this episode
Organizations: HSBC Global Research, HSBC Global Investment Research, Under the Banyan Tree, Acast
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