HSBC: The US dollar is likely to weaken again and may bottom out early next year
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最新报道：There's a heated debate in the market about whether the US dollar has bottomed out, but HSBC believes it's likely to weaken further. Paul Merkel, HSBC's global head of foreign exchange research, noted in a report: "When the Fed restarts its easing cycle and the US economy avoids recession, history suggests the dollar will weaken, a pattern that's difficult to break." While talk of a reacceleration of the US economy and recent political unrest in France and Japan do give cause for reflection on the dollar's sideways movement since July, market sentiment is unpredictable. While the desire for a stronger dollar is tempting, it's too early to abandon the bearish view. Merkel predicts the dollar will bottom out early next year. (Jinshi)
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