CoinVoice recently learned that, according to Jinshi reports, the global foreign exchange strategy team at Nomura Securities stated in a research report that the US dollar may strengthen in 2025. The team noted that the main themes entering next year include the potential difficulty for the Federal Reserve to cut interest rates, due to persistently high core inflation in the US; as well as the tariff policies of the elected president Trump.
The team also added that currencies likely to perform poorly in the first half of 2025 may include the Korean won, Thai baht, Singapore dollar, Swiss franc, and Swedish krona, while the Indonesian rupiah, Japanese yen, and Norwegian krone may show slightly better performance. [Original link]