Yu Xin Bank: Dollar expected to be unable to sustain pump

Jin10 data, September 9th news, Yuexin Bank stated in a report that the US dollar edged up slightly on Monday, recovering from a recent decline, but due to investors' continued digestion of the expected aggressive interest rate cuts by the Fed, the dollar cannot pump significantly. The analyst said the market expects the Fed to cut interest rates by over 100 basis points before the end of the year, and by over 200 basis points by July 2025. This situation is preventing the dollar from continuing to recover, and it 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.