[Institution: The Dollar Continues to Climb Slightly, Ignoring Market Expectations of About Three Fed Rate Cuts] Jin10 News, February 17 – The dollar rose slightly for the second consecutive trading day, completely ignoring market pricing that suggests the Federal Reserve will cut rates about three times this year. The options market shows that recent bearish sentiment on the dollar has eased, with the so-called front-end risk reversal indicator falling to its lowest negative level in nearly a month. The currency market currently still expects the Federal Reserve to cut rates by about 64 basis points by the end of the year. Some strategists believe this expectation is excessive, as three rate cuts may exceed the reasonable range supported by data, which could expose the market to the risk of a dollar rebound. Elias Haddad, Global Head of Market Strategy at Brown Brothers Harriman, stated: 'The expectation of Fed rate cuts seems somewhat excessive, which provides room for the dollar to strengthen in the short term.' He pointed out that economic growth remains solid, and inflation has consistently stayed above the Federal Reserve's 2% target level.