🩸🩸The dollar is in the wind.. 6 reasons to warn of the collapse of the American currency
🩸 Despite the temporary truce that eased trade tensions between the United States and China, Bank of America still holds its negative outlook on the US dollar.
🩸 The uncertainty in economic policies continues to cast a shadow over the markets, as trade tensions have only temporarily halted.
🩸 In terms of the real economy, the US economy shows a slowdown compared to what it was before the outbreak of the trade war.
🩸 At the same time, institutional investors are reassessing their investment portfolios, leading to continued capital outflows from the US market.
🩸 In addition, the political bias of policymakers towards adopting lower interest rates and a weaker dollar increases the likelihood of a decline in the dollar's value in the long term. In light of these factors, Bank of America remains expected a decline in the value of the US currency despite periods of temporary calm.
🩸 The report highlights that the structural forces facing the dollar are strong and complex, indicating further volatility and instability in the coming period, with the possibility of continued depreciation of the dollar in the medium term.
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