2025-12-29 12:40:35

#数字资产市场动态【Opinion】The US dollar will continue to depreciate next year

According to a recent report by Abbas Owainati, an analyst at Charles Stanley, after experiencing a significant devaluation this year, the US dollar may still have to face further declines by 2026. There are many reasons behind this—fiscal sustainability concerns triggering market worries, policy uncertainties weakening the dollar’s safe-haven status, non-US investors increasing hedging against dollar exposure, and changing capital flow patterns.

More importantly, the Federal Reserve’s actions are key. Owainati pointed out that if the Fed continues to cut interest rates (which is highly likely), the dollar will have even less support.

Who benefits from this? Opportunities are emerging in emerging markets. A weaker dollar means reduced foreign debt burdens, capital returning, and higher yields on local currency assets—all positive signals for emerging market equities. For traders long on emerging market currencies and assets, this macro environment is worth paying attention to.

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HashRateHermit

· 4h ago

Is the US dollar continuing to depreciate? This is the opportunity for emerging markets; it's finally our turn. --- With such strong expectations of rate cuts, what is the point of holding up the dollar? It should have fallen long ago. --- Wait, no. The US is so fiscally irresponsible and still wants to stabilize the dollar. Anyone would have to devalue in that case. --- Emerging market assets are set to take off? I wouldn't go all in, but it's definitely worth paying attention to this wave. --- Relieving foreign debt burdens sounds great, but could it actually be an illusion? --- The Fed's rate cut is almost certain, the dollar is doomed, and this analysis is spot on. --- Currency appreciation, foreign debt reduction, capital inflows... it all looks great on paper, but I'm worried about the reality gap. --- Everyone talks about opportunities in emerging markets, but when it comes to actual action, people get scared again. --- Last year, the dollar had already depreciated so much. Can it continue to fall? It indicates that the bottom hasn't been reached yet.

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TokenVelocity

· 4h ago

If the Federal Reserve continues to cut interest rates, the dollar indeed has little support left, and this logic can't be overturned. Are emerging markets about to take off? Or is this just another wave of retail investors being harvested... hard to say.

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LiquidationWatcher

· 4h ago

Is the US dollar continuing to depreciate? I've seen through it long ago; once the rate-cut cycle begins, it's doomed. Emerging markets should indeed seize the opportunity now; it's clear where capital is flowing to.

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LayerZeroHero

· 4h ago

The Federal Reserve continues to loosen monetary policy, and the dollar is really going to cool down... This wave in emerging markets might really take off.

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MetaverseVagrant

· 4h ago

The US dollar continues to depreciate, and emerging markets are taking off? Feels like another signal of a wave of getting chopped up...

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GhostAddressMiner

· 5h ago

The narrative that the US dollar is depreciating has been heard too many times, but the key question is who is positioning in advance. I have been tracking on the chain for half a month and found that a batch of addresses are quietly accumulating emerging market tokens. The trading patterns are unusually regular—these dormant addresses that have been inactive for three years suddenly come back to life.

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