Strategist: The US dollar hits a two month high, but weak factors still exist

Golden Finance reported that the US dollar remained stable against a basket of currencies, rising to a two month high overnight. Roberto Milich, a foreign exchange strategist at Yuxin Bank, stated in a report that the reasons for the weakening of the US dollar for most of this year still exist and will continue to pose risks. The factors behind the weakening of the US dollar so far, including US policies, Federal Reserve interest rate cuts, and concerns about the US budget deficit and rising debt, still exist. (Golden Ten)