HSBC: The US dollar may weaken again, expected to bottom out early next year

ChainCatcher news, according to Jinshi reports, HSBC believes that the US dollar is likely to weaken again. Paul Mackel, HSBC's Global Head of Foreign Exchange Research, pointed out in the report that when the Federal Reserve restarts its easing cycle and the US economy avoids recession, historical experience shows that the dollar will weaken. Mackel expects the dollar to hit bottom in early next year.