The Zhitong Finance App learned that Guotai Junan International released its foreign exchange market outlook. The team believes that the trend of the US dollar will gradually become clear by the end of 2024, mainly depending on the performance of the US economy. Under the benchmark scenario, the US avoided a severe recession. The Federal Reserve cut interest rates according to the bitmap. The 10-year US Treasury yield has limited room to decline, or may support the strengthening of the US dollar in the fourth quarter of 2024, but seasonal factors may inhibit the increase in the US dollar. Furthermore, the Bank of Japan raised interest rates in December or early next year, but the yen remained weak in 2025.

The Zhitong Finance App learned that Guotai Junan International released its foreign exchange market outlook. The team believes that the trend of the US dollar will gradually become clear by the end of 2024, mainly depending on the performance of the US economy. Under the benchmark scenario, the US avoided a severe recession. The Federal Reserve cut interest rates according to the bitmap. The 10-year US Treasury yield has limited room to decline, or may support the strengthening of the US dollar in the fourth quarter of 2024, but seasonal factors may inhibit the increase in the US dollar. Furthermore, the Bank of Japan raised interest rates in December or early next year, but the yen remained weak in 2025.