Strategist: After Trump's statement triggered selling pressure on the dollar, Asian currencies are expected to benefit again.

Strategists generally believe that after Trump signaled a decline in the dollar, Asian currencies are expected to benefit again, as Trump pays close attention to Asian exports, and low liquidity can amplify the impact. Win Thin, Chief Economist of Bank of Nassau 1982 Ltd., pointed out that the Trump administration is taking a calculated risk, and depreciating the dollar before the situation spirals out of control could be a good thing. Bob Savage, Director of Market Strategy and Insights at New York Mellon Bank, said that Trump's remarks were his spontaneous views, and he believes that the dollar is overvalued. Overall, the pressure facing the dollar is that people holding dollar assets need to hedge. The Korean won and the Japanese yen have greater potential for volatility, with the important level of the yen against the dollar in the short term being 152, as derivative products locking in this price are being actively traded. Unless the US and Japanese central banks take real intervention measures, which seems unlikely before the Japanese election on February 8th and action by the Bank of Japan, the yen exchange rate is unlikely to fall below 148.