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JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
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2024-06-05 01:03:51

JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: FX Strategists Predict Weakening of US Dollar Despite Continued Strength ...

FX Strategists Predict Weakening of US Dollar Despite Continued Strength
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#4a419ef3 ver:0.2

Despite its current strength, FX strategists predict that the US dollar will weaken in the next 12 months due to higher interest rates. The Japanese yen is expected to rise by 8%, while the euro is forecasted to gain 1%. This contrasts with JPMorgan's previous report, indicating a potential shift in market sentiment. #USD #forex #economy...

#newstr #UsDollar #FxStrategists #InterestRates #JapaneseYen #Euro

https://here.news/story/4a419ef3?ver=0.2
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