Matt Simpson: The weakening trend of the US dollar is expected to continue, with dual pressure from politics and policies

ChainCatcher reports that, according to Jinshi, StoneX senior analyst Matt Simpson stated that the current political situation and policy orientation in the United States are exerting downward pressure on the dollar. Simpson said that the current market positioning of the dollar has not shown signs of overheating, and the bullish momentum that has been continuously released over the years is gradually weakening. He further pointed out that President Trump is very likely to expect a softening of the dollar exchange rate to coexist with a more dovish stance by the Federal Reserve.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments