Record-Breaking Slump for US Dollar in First Half of Year: Money Stock Soaring to an Historic High of $21,942 billion
In the dynamic world of finance, predictions and projections are a constant. One such insight comes from JPMorgan's co-head of global FX strategy, Meera Chandan, who anticipates a bearish outlook for the US dollar in the second half of 2025.
Chandan's forecast suggests that the US dollar will face challenges against major currencies. Specifically, she predicts that the euro/dollar exchange rate will reach between $1.20 and $1.22, the dollar/yen rate will fall to around 140 JPY, and the dollar/CNY rate will be approximately 7.10 CNY.
These projections are influenced by several factors. The US economy is expected to show moderating data, while Europe's fiscal outlook improves. Additionally, the US is grappling with rising deficits and national debt, which contribute to the bearish view.
Chandan also expects the Aussie dollar to reach $0.68 due to US data moderation and Europe's growth-supportive fiscal policy. This broad-based bearish view for cyclical currencies is a cause for concern.
Meanwhile, in the realm of cryptocurrency, Little Pepe has become the hottest meme coin of 2025, raising over $4.5M in presale. The coin has surpassed $4 million, positioning itself as one of the leading meme coins of the year.
In the Web 3.0 space, BioMatrix has surpassed five million verified users, setting new standards for real human engagement. The Open Platform has also become the first unicorn in the Web 3.0 ecosystem on Telegram, with a $1 billion valuation.
NEXST has launched a Web 3.0 Virtual Reality Entertainment Platform with K-Pop group UNIS as the first global partner. GUNZ has also announced the expansion of its GUN Token to Solana.
It's important to note that these predictions and developments should not be taken as investment advice. Participants are encouraged to do their own due diligence before making high-risk investments in Bitcoin, cryptocurrency, or digital assets.
The Daily Hodl, in its usual fashion, continues to cover the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.0. The article also delves into topics such as Bitcoin, Ethereum, Trading, Altcoins, Futuremash, Financeflux, Blockchain, Regulators, Scams, HodlX, and Press Releases.
Lastly, Wes Kaplan has been appointed as the CEO of G-Knot, a company launching the first finger vein biometric wallet. This innovative development in the world of finance and technology is another step towards a more secure and streamlined financial future.
[1] Source: The Daily Hodl [2] Source: Financial Times
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Altcoins, such as Little Pepe, are experiencing notable growth in the cryptocurrency market, raising over $4.5M in their presale and becoming one of the leading meme coins of 2025. Concurrently, in the broader world of finance, investors should be cautious of the bearish outlook for the US dollar, as predicted by JPMorgan's Meera Chandan, and consider the potential impact on traditional currencies and financial assets like the euro/dollar, dollar/yen, and dollar/CNY.
