Odaily Daily News: According to a report by Yu Xing Bank, the US dollar rose slightly on Monday, recovering from recent losses, but it failed to pump significantly due to investors' continued digestion of the expected aggressive interest rate cuts by the Federal Reserve. The analyst said that the market expects the Federal Reserve to cut interest rates by more than 100 basis points before the end of the year, and by more than 200 basis points by July 2025. This situation is preventing the continuous recovery of the US dollar and may not rule out the possibility of new lows in the short term. This week's focus will be on the first televised debate between Harris and Trump, as well as US inflation data on Wednesday. (Jin10)
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Informe: Se espera que el dólar no pueda mantener la subida.
Odaily Daily News: According to a report by Yu Xing Bank, the US dollar rose slightly on Monday, recovering from recent losses, but it failed to pump significantly due to investors' continued digestion of the expected aggressive interest rate cuts by the Federal Reserve. The analyst said that the market expects the Federal Reserve to cut interest rates by more than 100 basis points before the end of the year, and by more than 200 basis points by July 2025. This situation is preventing the continuous recovery of the US dollar and may not rule out the possibility of new lows in the short term. This week's focus will be on the first televised debate between Harris and Trump, as well as US inflation data on Wednesday. (Jin10)