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Wales Fargo falls on the US dollar, where Standard Chartered says that the decline in the dollar indicates interest in the long -term financial path of America.

Two banking giants lead the alarm on the US dollar.

In a Reuters survey between April 30 and May 6, about 55 % of foreign exchange strategies who answered an additional question Express Anxiety about the US dollar is a hedge of economic uncertainty.

Eric Nelson, Wales Fargo strategy expert, believes that the dollar is declining in the coming months, expecting that the American economy will soon show signs of slowdown.

“We are more calm on the dollar in the second half of the year. More realization of the solid data of the United States, the Federal Reserve has already begun to reduce rates as markets are pricing, and some assets are likely to return from the United States and concerns about the Federal Reserve Independence.”

At the same time, says Steve Angeland, president of Global Hartrid’s Global G10 FX, says it is “very concerned” about the dollar’s position as a safe origin. England highlights the deteriorating public budget in America, noting that investors are cautious against holding American assets as the government continues to print a large budget deficit.

“It is like betraying confidence from a friend. You can say it does not matter, or you do not mean that, but your friend still remembers that. This is where the dollar is currently in relation to international confidence.

If you ask me this two months ago, I will say what matters to the dollar in the first place is motivation and financing – whether they have revenues already – it will be secondary or not. Now the markets are more concerned about the long -term financial path. “

Data from the Ministry of Treasury He appears That the United States spent 1.31 trillion dollars more than so far in this fiscal year, which lasts from October 1, 2024, to September 30, 2025. The number represents an increase of 242 billion dollars compared to registered deficit during the same last financial period.

Meanwhile, the US dollar index (DXY), which motivates the dollar against a foreign currency basket, has decreased by more than 7 % since February.

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