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CoinVoice has learned that, according to Jinshi, the US dollar is expected to achieve its third consecutive week of gains on Friday. Previously, the US released strong economic data, reducing market expectations for the Federal Reserve to cut interest rates in the short term. The federal funds futures market has pushed back the timing of the next rate cut to June, due to improved employment data and concerns among central bank policymakers about inflation.
Capital firm analyst Kyle Rodda pointed out in a report that the dollar's trend remains relatively strong, with weekly initial jobless claims data and manufacturing survey results both exceeding expectations, decreasing the likelihood of a rate cut.