The U.S. dollar may be on the brink of a further decline as enthusiasm for ‘Brand USA’ wanes. Analysts suggest that changing global perceptions and various economic factors could weaken the currency’s position in the months ahead.
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In today’s ForexLive Asia-Pacific FX news wrap, Bank of Japan Governor Kazuo Ueda addressed key monetary policy issues, underscoring the central bank’s commitment to maintaining its accommodative stance. His remarks influenced market sentiment, impacting the yen’s fluctuations.