The prospect of ‘higher for longer’ interest rates and a ‘stronger for longer’ US dollar has hit Asian markets particularly hard, with Japan an extreme example. The only way the dollar will fall meaningfully is if the US economy slows sharply and the
The prospect of ‘higher for longer’ interest rates and a ‘stronger for longer’ US dollar has hit Asian markets particularly hard, with Japan an extreme example. The only way the dollar will fall meaningfully is if the US economy slows sharply and the Fed cuts rates sooner and at a faster pace than markets expect.
