The current market bias for USD to WST is bearish.
Key drivers include the Federal Reserve's plans for multiple rate cuts, which could weaken the USD. Additionally, improving global economic growth and rising commodity prices may impact USD performance. For the Samoan Tālā, maintaining monetary policy and a projected 3.2% economic growth could support its value against the USD.
Over the next 1–3 months, the expected trading range indicates continued weakness for the USD, which remains close to recent lows.
An upside risk to the USD could come from unexpected improvements in U.S. economic indicators or a delay in Federal Reserve rate cuts. Conversely, a downside risk might be increased market volatility due to ASEAN's move away from the USD, influencing cross-border transaction dynamics.