tom: this is very good, ebrahim rahbari. the president is speaking to his favorite television network, which is fine. we have ebrahim rahbari, one of the world's experts on dollar dynamics so we will come back and speak of a strong u.s. dollar that the president sees. in the 8:00 hour, an important update from michael wilson with morgan stanley. this is bloomberg. ♪ ♪ bloomberg "surveillance," good morning. what i want to do is what "surveillance" does best the president -- does best. the president with his favorite network, fox news. good morning to ebrahim rahbari, reacting to the president's statement of a strong dollar. down the road from me 40 blocks at the plaza hotel there was a point where the dollar was too strong. are we anywhere near close to the distortions of a strong dollar that we saw in that 1980's decade? ,brahim: tom, i don't think so but you point to an interesting development. president trump has meaningfully shifted his tone on dollar strength over the last couple of weeks, and we think it is for a reaso

ebrahim rahbari with us and moments. president trump finds dr. on children and the virus." the good doctor is hopefully humble. "surveillance," we are seeing glimmers of life in our

we will pick up the story with ebrahim rahbari next. ♪ from new york city, this is "bloomberg surveillance are live on bloomberg tv and radio. alongsidetontine -- tom keene, i'm jonathan ferro, together with lisa abramowicz. equity futures down six points on the s&p 500. positive on the week. positive on the month by about 4% on the s&p. in the bond market, treasuries set up as follows. 6.7% -- at 0.67% on tens. this is the story of the moment. risk appetite continues to build , and that dollar strength continues to fade. tom: no question about it. catherine man running economics at citigroup. one of the great acquisitions is abraham or bari, -- is abraham abraham read bari -- rahari.im are we going to get suckered again into strong euro and then oops? onahim: thanks for having me . that is exactly how we feel. for the moment, there's a bit of upside drift in the euro. that is partly because there's a search in markets for , and to somessets degree the euro. even though we think there will be a little bit of drift, there won't be much more headroom, and this rally will be over before long.