Jin10 data reported on April 23, a top-performing forecaster stated that although the global trade war has shaken the dollar’s status as a safe-haven asset and led to the worst annual start for the dollar in at least twenty years, the dollar’s fall may slow this quarter. Valentin Marinov, the G-10 forex strategy head at Amundi, stated that the trend of capital flowing out of U.S. assets due to tariffs remains a major downside risk this year. According to Bloomberg rankings, Marinov had the most accurate forecasts for major currencies in the first quarter.
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The most accurate predictor Marinov: expects the decline of the dollar may ease.
Jin10 data reported on April 23, a top-performing forecaster stated that although the global trade war has shaken the dollar’s status as a safe-haven asset and led to the worst annual start for the dollar in at least twenty years, the dollar’s fall may slow this quarter. Valentin Marinov, the G-10 forex strategy head at Amundi, stated that the trend of capital flowing out of U.S. assets due to tariffs remains a major downside risk this year. According to Bloomberg rankings, Marinov had the most accurate forecasts for major currencies in the first quarter.