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According to a report by Golden Ten, UBS Global Wealth Management stated that the recent strength of the US dollar may not continue after Trump wins the US presidential election. Analysts stated in a report that in the medium to long term, the US dollar may weaken. The policies proposed by Trump are expected to widen the dual deficit and weaken the long-term attractiveness of the US dollar. They suggest that Trump may not be able to implement policies that boost the dollar and may seek lower yields and a weaker currency. At the same time, they said that the market has gone too far in reducing the expectation of the Federal Reserve to cut interest rates, and the "overshoot" of the US treasury bond bond yield may decline with the dollar. UBS expects that by December 2025, the euro to dollar exchange rate will rise from the current 1.0573 to 1.12. @ruruno
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