📉 The dollar will fall 13.5% during the remainder of Trump's term, according to Stephen Jen
• Stephen Jen, CEO of Eurizon SLJ Capital, predicts an additional 13.5% drop in the dollar during the remainder of Donald Trump's presidency.
• This drop adds to an approximate decrease of about 7% in 2025, putting it on track for its worst year in eight.
😬 Factors of Weakness
• Trump's unpredictable trade policies and expectations of rate cuts by the Fed have contributed to the weakness.
• A soft landing for the U.S. economy is expected, complemented by an acceleration in the rest of the world.
🌍 Global Growth Outlook (IMF 2025)
• U.S.: Growth slows to 2% (down from 2.8% in 2024)
• Eurozone: Grows 1.2% (up from 0.9% in 2024)
• China: Grows 4.8% (down from 5% in 2024)
The next big move will continue to be bearish on the dollar.
-Stephen Jen
#dolar
$BTC
• Stephen Jen, CEO of Eurizon SLJ Capital, predicts an additional 13.5% drop in the dollar during the remainder of Donald Trump's presidency.
• This drop adds to an approximate decrease of about 7% in 2025, putting it on track for its worst year in eight.
😬 Factors of Weakness
• Trump's unpredictable trade policies and expectations of rate cuts by the Fed have contributed to the weakness.
• A soft landing for the U.S. economy is expected, complemented by an acceleration in the rest of the world.
🌍 Global Growth Outlook (IMF 2025)
• U.S.: Growth slows to 2% (down from 2.8% in 2024)
• Eurozone: Grows 1.2% (up from 0.9% in 2024)
• China: Grows 4.8% (down from 5% in 2024)
The next big move will continue to be bearish on the dollar.
-Stephen Jen
#dolar
$BTC