Dollar outlook turns negative as strategists expect Fed interest rate cuts this year to weaken dollar's advantage.

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

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CountdownToBrokevip
· 9h ago
Long time no see, Meidi is finally going to fall.
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GateUser-75ee51e7vip
· 08-20 06:56
Is the dollar about to collapse? I said in April to close all positions.
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HodlKumamonvip
· 08-20 06:54
Data suggests the bear market is lying flat, meow~
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OnchainFortuneTellervip
· 08-20 06:49
The trend of interest rate cuts is set, so don't stubbornly hold on to US dollars.
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MysteryBoxBustervip
· 08-20 06:41
The US dollar is doomed, let's buy the dip in gold.
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BrokenDAOvip
· 08-20 06:32
A vicious cycle has formed, and the cost of trust will reach new highs.
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MrRightClickvip
· 08-20 06:29
I really didn't expect the Fed to back down so quickly.
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