Jefferies: The era of a strong dollar has peaked, and the dollar may weaken further

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ODAILY
04-16
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Planet Daily News: Due to ongoing concerns about Trump's tariffs affecting the U.S. economy, the U.S. dollar has declined. Jefferies economist Mohit Kumar stated in a report: "People are questioning the credibility of American exceptionalism and the dollar as a reserve currency." He said that in the medium term, tariffs might reduce the United States' reliability, and investors will seek alternative destinations. He noted that the era of a strong dollar has peaked, and the dollar may continue to weaken. As central banks seek to reduce their dependence on the U.S. dollar, gold prices could benefit. (Jintian)

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