金色财经
金色财经|Sep 10, 2026 07:15
**[Benson Employs a "Combination Punch," Trump Administration May Seek Gradual Weakening of the Dollar]** Golden Finance reports that on September 10, U.S. Treasury Secretary Benson has been taking frequent actions recently: coordinating with Japan to implement joint intervention measures to boost the yen, encouraging South Korea to adopt similar intervention measures, and working behind the scenes to control U.S. Treasury yields. These three actions, combined with the protectionist policies of the past 18 months and a series of bilateral trade arrangements, have led to a depreciation of the overvalued U.S. dollar. Stephen Jen, a currency fund manager at Eurizon SLJ, recently pointed out that designing an overall strategy to weaken the dollar is extremely challenging, especially without harming the massive U.S. equity and Treasury holdings of foreign investors. He believes the U.S. government may have opted for a more "fragmented" approach to achieve the overall effect. One method involves crafting several small-scale "Mar-a-Lago Agreements" (i.e., coordinating exchange rate policies with major trading partners one by one) to gradually weaken the dollar's value while avoiding creating a widespread market expectation of a continuously weakening dollar in the future. (Jin10)
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