Demand for U.S. assets weakens, and the euro against the dollar may pump.

Jin10 data July 31 news, Pimco analysts stated in a report that the euro against the dollar may rise, but this is more due to the weakening of the dollar rather than the strengthening of the euro itself. They pointed out that the US-EU trade agreement may weaken the economic growth of the eurozone due to a 15% tariff imposed on the EU. However, as changes in US policies may alter global demand for US asset investments, the weakening dollar will still be favourable for the euro. They also stated that as global investment portfolios gradually shift towards a more diversified risk asset allocation, the trend of global de-dollarization is expected to continue, and the dollar's market share in cross-border payments may continue to decline.