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Commonwealth Bank of Australia: The trend of the US dollar is expected to decline in the next year

GoldenOctober2024

2024-09-30 06:18:59

JOE-3.57%

On September 30, Jinshi Data reported that Joe Capurso, a strategist at the Commonwealth Bank of Australia (CBA), said, "The trend of the US dollar is expected to decline in the next year or so. US inflation is under control, the interest rate is declining, which is beneficial to the global economic outlook, beneficial to risk-taking, and also beneficial to Commodity Money such as the Australian dollar."

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