HSBC: The US dollar may weaken again, expected to bottom out early next year
ChainCatcher news, according to Golden Ten Data, HSBC believes that the US dollar is likely to weaken again. Paul Mackel, Global Head of FX Research at HSBC, pointed out in a report that historically, when the Federal Reserve restarts an easing cycle and the US economy avoids recession, the US dollar tends to weaken. Mackel expects the US dollar to bottom out early next year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Fusaka upgrade has been launched on the Sepolia testnet
Enso has opened airdrop claims
Suspected Multicoin Capital address received 210,000 AAVE through Galaxy Digital OTC wallet
Four.meme: $45 million "Rebirth Support" airdrop is still in preparation
Trending news
MoreCrypto prices
More








