Citi predicts weakening US dollar after G-7 meetings, potential boost for US exports.

From Quiver Quantitative: 2025-05-20 22:30:00

Citigroup predicts a weakening U.S. dollar post-G-7 meetings, with a focus on currency issues tied to trade negotiations and tariff reductions. South Korea, Taiwan, and Japan are engaging with U.S. officials on currency policies. Treasury Secretary Bessent is expected to emphasize central bank roles in influencing currency markets rather than direct intervention. The Bloomberg Dollar Spot Index has already dropped 4% since April. Citi forecasts continued dollar depreciation as tariffs decrease, potentially leading to a more balanced global currency landscape and boosting U.S. exports.



Read more at Quiver Quantitative: Citi (C) Sees Dollar Decline Following Tariff Softening at G-7 Meeting