According to Jinshi Data, the U.S. dollar is expected to record its best weekly performance in more than a month as the market expects the Federal Reserve to reduce interest rate cuts this year. The market believes that the U.S. economy will continue to outperform other economies around the world.
Charu Chanana, chief investment strategist at Saxo Bank, said that American exceptionalism will continue, and the strength of the US dollar is expected to remain temporarily in early 2025, accompanied by high US Treasury yields. The uncertainty of the Trump administration's policies also makes the US dollar attractive as a safe haven.