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<Markets Analysis>The Continued Uptrend of US Dollar Needs More Data Support
The US dollar has been under attack in January, and even fell below the 101 level in the first two trading days of February. The main reason is that the market believes that the continued decline in US inflation will cause the Federal Reserve to suspend interest rate hikes in the short term, and even expects to start cutting interest rates in the second half of the year. Even if the officials in the bureau maintain a relatively cautious attitude, investors still insist on their own views and bearish on the US dollar.
Patrick Law
General Manager of Hantec Group
Extended Reading
<About Stock Markets>Beauty Value Economy be the Trend. Inflation continues to be Plagued.
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<Markets Analysis>The Fed is likely to Raise Interest Rates, Pay Attention to 105.80 in USD Exchange Rate
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<還看金市>黃金按原劇本突破W型頸線
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