The outlook for the US dollar turns negative as experts predict further weakening.

According to reports from 【币界】, Lombard Odier strategists expect the US dollar to weaken further and have downgraded their outlook from neutral to negative. Although US inflation has slightly risen, corporate hiring and layoffs are not significant, and market consensus is gradually aligning with the Fed's expectation of three rate cuts this year. The strategists stated that lower US interest rates will weaken the yield advantage of the dollar, and the decline in hedging costs is also weakening demand for the dollar.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
RumbleValidatorvip
· 19h ago
Data doesn't lie; the dollar is falling under the influence of consensus.
View OriginalReply0
OnlyOnMainnetvip
· 19h ago
Hmm, I feel sorry for the little ones who love the dollar.
View OriginalReply0
FudVaccinatorvip
· 19h ago
The US dollar is finally going to kneel.
View OriginalReply0
ChainComedianvip
· 19h ago
Everything turned out to be disappointing as expected.
View OriginalReply0
OnchainHolmesvip
· 19h ago
That's enough, I anticipated this a long time ago.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)