Financial Insights That Matter
Wall Street is beginning to rethink its stance on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest rate cuts are likely to put pressure on the currency in late 2025.
From Morgan Stanley to JPMorgan Chase, about half a dozen sell-side strategists now predict the currency will peak as early as the middle of next year before starting to decline. Societe Generale projects the ICE US Dollar index to fall 6% by the end of next year.
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