Mars Finance News, on April 16, the US dollar fell due to ongoing concerns about Trump's tariffs affecting the US economy. Mohit Kumar, an economist at financial institution Jefferies, stated in a report: "People are questioning the credibility of American exceptionalism and the US dollar as a reserve currency." He said that in the medium term, tariffs could reduce the reliability of the United States, 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 US dollar, gold prices could benefit. (Jinshi)
Institution: The era of a strong dollar has peaked, and the dollar may weaken further
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content