"Triple blow" is coming! Institutions warn: seasonal weakness of the US dollar may intensify in the coming weeks.
According to the Wise Finance APP, several institutions have warned that the US dollar may face a "triple blow" in the coming weeks, which could exacerbate the currency's already seasonally weak trend. Standard Bank of South Africa said the dollar could be impacted by factors such as the possibility of the US Supreme Court ruling tariffs illegal, White House National Economic Council Director Kevin Hassett being appointed as the next Federal Reserve Chairman, and the strengthening of the Japanese yen due to the Bank of Japan's interest rate hike this month.
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