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Institutions: Dollar May Continue to Face Pressure Before End of Tariff Suspension Period
Summary: According to reports, the US dollar fell to multi-year lows against the euro and Swiss franc due to concerns about the Federal Reserve's future independence shaking confidence in the stability of US monetary policy. Nick Rees, Director of Macro Research at Monex Europe, stated that from a market perspective, this not only clearly undermines the ...
According to reports, the US dollar fell to multi-year lows against the euro and Swiss franc due to concerns about the Federal Reserve's future independence shaking confidence in the stability of US monetary policy. Nick Rees, Director of Macro Research at Monex Europe, stated that from a market perspective, this not only clearly undermines the credibility and independence of the Federal Reserve, but also poses risks to US interest rate prospects. These concerns have put pressure on the dollar today. The Trump team's rhetoric on the dollar may intensify the pressure before the expiration of the 'tariff suspension' period on July 9th. (Jinshi Data APP)
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Link: Institutions: Dollar May Continue to Face Pressure Before End of Tariff Suspension Period [Copy]
