Mars Finance News, according to Jintiao, analyst Win Thin stated that the Trump administration is taking calculated risks. While currency devaluation is beneficial, if the situation spirals out of control, the consequences could be dire. He pointed out that the dollar’s weakness is worth monitoring closely, and the yen should rebound, attempting to recover the 150 level. It is expected that the Bank of Japan will raise interest rates by 50 basis points, while the Federal Reserve will cut rates by 75-100 basis points.
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Analyst: Trump's crackdown on the dollar increases risks, and the yen will attempt to recover the 150 level
Mars Finance News, according to Jintiao, analyst Win Thin stated that the Trump administration is taking calculated risks. While currency devaluation is beneficial, if the situation spirals out of control, the consequences could be dire. He pointed out that the dollar’s weakness is worth monitoring closely, and the yen should rebound, attempting to recover the 150 level. It is expected that the Bank of Japan will raise interest rates by 50 basis points, while the Federal Reserve will cut rates by 75-100 basis points.