The dollar is expected to weaken further, with strategists downgrading their views to negative
2025-08-20 06:22:19
According to ChainCatcher, Lombard Odier strategists expect the dollar to weaken further and downgraded their view from neutral to negative. Despite a slight increase in U.S. inflation, corporate hiring and layoffs are not obvious, and the market consensus is gradually approaching the expectation of three interest rate cuts by the Federal Reserve this year. Strategists said that lower U.S. interest rates will weaken the yield advantage of the dollar, and lower hedging costs are also weakening demand for the dollar. (Golden Ten)
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