Mars Finance News, according to Jintiao, StoneX senior analyst Matt Simpson stated that the current political situation and policy orientation in the United States are exerting downward pressure on the US dollar. Simpson said that the current market positioning of the dollar has not shown signs of overheating, and the long-term bullish momentum has been gradually weakening over the years. He further pointed out that President Trump is very likely to expect a softening of the dollar exchange rate to coexist with a more dovish stance by the Federal Reserve.
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Analyst: The US dollar's weakening trend is expected to continue, with dual pressure from politics and policies
Mars Finance News, according to Jintiao, StoneX senior analyst Matt Simpson stated that the current political situation and policy orientation in the United States are exerting downward pressure on the US dollar. Simpson said that the current market positioning of the dollar has not shown signs of overheating, and the long-term bullish momentum has been gradually weakening over the years. He further pointed out that President Trump is very likely to expect a softening of the dollar exchange rate to coexist with a more dovish stance by the Federal Reserve.