Matt Simpson: The weakening trend of the US dollar is expected to continue, with dual pressure from politics and policies

ChainCatcher reports that, according to Jinshi, StoneX senior analyst Matt Simpson stated that the current political situation and policy orientation in the United States are exerting downward pressure on the dollar. Simpson said that the current market positioning of the dollar has not shown signs of overheating, and the bullish momentum that has been continuously released over the years is gradually weakening. He further pointed out that President Trump is very likely to expect a softening of the dollar exchange rate to coexist with a more dovish stance by the Federal Reserve.
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