Deutsche Bank said in a Monday report that it is “very difficult” to weaken the US dollar because it would cause trillions of dollars in intervention costs or policies aimed at encouraging large-scale capital outflows from the US. The bank's strategist said, “Compared with policies that drive the dollar weaken, tariffs and their stronger impact on the US dollar are more likely to be the result of dominating the market.”

Zhitongcaijing · 07/22/2024 13:33
Deutsche Bank said in a Monday report that it is “very difficult” to weaken the US dollar because it would cause trillions of dollars in intervention costs or policies aimed at encouraging large-scale capital outflows from the US. The bank's strategist said, “Compared with policies that drive the dollar weaken, tariffs and their stronger impact on the US dollar are more likely to be the result of dominating the market.”