Ella In early trading in Asia on Thursday, Reuters published details of a survey of about 53 foreign exchange strategists conducted from September 1 to 6, confirming that the U.S. dollar will be stronger in 2023 and will fall next year.
Surveys show that it will be difficult for most currencies to withstand the strength of the US dollar before the end of the year, and risks to the outlook for the US dollar are expected to be tilted to the upside.
Polls show that the euro will rise 2.7% to $1.10 in 6 months and 4.6% to $1.12 in 12 months, while the Japanese yen (JPY) is likely to recover all this year’s losses, with the yen against the dollar at 12 It will rise to 132 within months.
It is worth noting that the pound is expected to rise another 3% within a year, and GBP/USD will reach 1.29. However, Asian currencies are expected to see a “seesaw” trend next year, and at best they will remain range-bound or rise slightly against the US dollar.
