30/4/2025, 2:00:04 pm

US dollar has more room to weaken, says JPMorgan's Oganes

USD may weaken further due to ongoing de-dollarization trends, per Luis Oganes of JPMorgan. He predicts the euro could reach $1.20-$1.22 by year-end. Global growth is expected to slow, with US inflation staying around 4% due to higher import costs. China may redirect exports, causing deflation in some markets, while energy-importing countries like India could benefit from lower oil prices.