Standard Chartered sees dollar strengthening short-term, yen rising in 12 months

Standard Chartered Bank anticipates a short-term strengthening of the US dollar, followed by a weakening trend in the medium term. The bank's wealth management investment strategy head, Liu Chia-hao, also forecasts that the Japanese yen could appreciate to 155 against the dollar within the next 12 months.

Liu noted that while geopolitical factors, energy prices, and policy shifts could introduce market volatility, Standard Chartered maintains a positive outlook on Asian stock markets, excluding those in the United States and Japan. This perspective suggests a strategic shift in investment focus towards other Asian economies.

The bank's analysis points to a dynamic currency market influenced by various global pressures. The projected strength of the dollar in the immediate future may be attributed to current economic conditions or central bank policies, while the anticipated mid-term decline could signal a rotation of capital or a shift in global economic power.