Fuguo Bank believes that trade policy risks will persist and boost the US dollar

According to Golden Finance, Aroop Chatterjee, macro strategist at Wealth Bank, wrote in a research report on Wednesday that the uncertainty of trade policy seems likely to continue, which will decrease risk appetite, increase forex risk premiums, and boost the US dollar. Dollar pump may focus on emerging market currencies and cyclical G-10 currencies. If the risk of rise is proven to become more significant in the near future, currencies sensitive to a drop in US bond yields may pump, with the yen leading the way. Stagnation and inflation should lead to a more widespread rise in the US dollar, and US Intrerest Rate will rise with negative risk appetite.