qinbafrank
qinbafrank|Jun 23, 2025 05:59
The market is generally bearish on the US dollar, and under extreme and consistent expectations of positions, a reversal often occurs (at least an opportunity for trading rebound). On the other hand, the continuous weakening of the US dollar is naturally due to the shock of tariffs in April, and the essence is still the market's questioning of the global leadership position of the United States. Last weekend, Trump decided to bomb Iran's nuclear facilities. The statements of the western countries were actually supportive, although they also called for a ceasefire and peace. This also shows that Trump has not completely abandoned its allies. To some extent, it also means that the United States has not given up its global leadership and will act when necessary to restore the market's confidence in the US dollar. From this perspective, the US dollar may strengthen in the coming period.
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