Reported 18 days ago
Recent gains in the dollar, which rose about 3% after a slump, may not be sustainable as they stem from temporary factors, including a government shutdown affecting U.S. economic data and political turmoil abroad. Analysts express skepticism regarding the dollar's future, forecasting a likely decline due to anticipated U.S. economic weakening and potential interest rate cuts. While political crises in Japan and France contributed to the dollar's rise, many experts believe the underlying concerns about the U.S. economy remain, hinting at further dollar weakness ahead.
Source: YAHOO