USD Likely to Perform Well in 2025 -- Market Talk
Dow Jones12-20 13:27
0527 GMT - USD is likely to perform well in the year ahead, HSBC analysts say in a research report. The first Trump presidency may have seen USD weakness in its first year, but we don't expect a repeat performance under Trump 2.0, the analysts say. That's due to relatively higher U.S. yields and a divergence in the global growth cycle, among other factors. Meanwhile, the outlook is poised to be challenging for currencies whose economies are highly linked to the U.S. via trade, or reliant on the global trade cycle, HSBC says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
December 20, 2024 00:27 ET (05:27 GMT)
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