Nomura Predicts Stronger Dollar In 2025 Amid Economic Challenges

According to Odaily, Nomura Securities' global foreign exchange strategy team has projected a potential strengthening of the US dollar in 2025. The team highlighted key themes for the upcoming year, including the Federal Reserve's potential difficulty in reducing interest rates due to persistently high core inflation in the United States. Additionally, the tariff policies of President-elect Trump are expected to play a significant role in shaping economic conditions. The report further suggests that certain currencies may underperform in the first half of 2025. These include the South Korean won, Thai baht, Singapore dollar, Swiss franc, and Swedish krona. Conversely, the Indonesian rupiah, Japanese yen, and Norwegian krone might experience relatively better performance during the same period. This analysis reflects the complex interplay of global economic factors and their potential impact on currency markets.