Gate.io: The US dollar will remain strong, but the potential for further appreciation is limited

Odaily Planet Daily News According to a report by Dutch international forex analyst Turner, the US dollar has held onto its recent rise, approaching a two-month high against the Currency basket, as investors significantly reduced their expectations of a drop in US interest rates. The dollar is expected to remain strong, but there is limited room for further appreciation. Data shows that the US currency market expects the Fed to cut interest rates by less than 50 basis points at its last two meetings this year, and may not make further significant adjustments. The bank suspects that US short-term interest rates will rise significantly from now on. (Jinshi)