Institution: The era of a strong US dollar has reached its peak, and the US dollar may further weaken

律动BlockBeats|Apr 16, 2025 07:12
BlockBeats News: On April 16th, the US dollar fell due to ongoing concerns about the impact of Trump's tariffs on the US economy. People have questioned the credibility of American exceptionalism and the US dollar as a reserve currency, "said Mohit Kumar, an economist at the financial institution Jefferies, in a report
He said that in the medium term, tariffs may reduce the reliability of the United States, and investors will look for other destinations. He stated that the era of a strong US dollar has reached its peak, and the US dollar may further weaken. As central banks around the world seek to reduce their dependence on the US dollar, gold prices may benefit. (Golden Ten)
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