CoinVoice has recently learned that David A. Meier, an economist at Baosheng Group, stated that due to unstable policy-making and increased financial pressure, the U.S. dollar may continue its downward trend.

He pointed out that since reaching its peak in September 2022, the dollar has depreciated by approximately 15%. Recent U.S. policy-making has further impacted the currency value and prolonged the bearish market. It remains inconclusive whether the dollar's safe-haven characteristics are being challenged, as the dollar often weakens when the U.S. becomes a source of risk aversion.

He added that although the possibility of bad news triggering volatility remains high, if the unstable policy-making subsides, it will restore market confidence in the dollar and create a positive risk scenario.[Original link]