TechFlow, Dec 11 — Benjamin Melman, CEO of asset management firm Edmond de Rothschild, said the dollar may face renewed downside risks next year. "The dollar would be at risk if market concerns over U.S. interest rates resurface or if the artificial intelligence bubble bursts suddenly." The dollar has continued weakening this year amid Federal Reserve rate cuts. The DXY dollar index recently declined 0.05% to 98.59, having hit a three-and-a-half-year low of 96.218 in mid-September. (Jinshi)
Add to Favorites
Share to Social Media
