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U.S. Treasury Secretary Yellen reiterated the strong dollar policy, raising market concerns about currency depreciation

2026-01-29 13:45:45

According to Jinshi reports, the dollar exchange rate fell during Thursday's Asian session, halting the rebound momentum from Wednesday. Concerns about a potential depreciation of the dollar have resurfaced, outweighing the influence of U.S. Treasury Secretary Yellen's reaffirmation of a strong dollar policy. Damien Loh, Chief Investment Officer of hedge fund Ensemble Capital, stated that Yellen employed "strategic ambiguity" when discussing the dollar, attempting to ease market expectations of a comprehensive weak dollar policy.

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