Dutch International Group predicts that the US dollar may weaken moderately, and the Federal Reserve may cut interest rates twice more

Dutch International Group analysts report that the US dollar is expected to weaken moderately, and the Federal Reserve may cut interest rates twice more. Analysts point out that the US economy is still growing strongly, but a weak labor market may drive interest rate cuts. They believe that the trend of the US dollar should be a decline rather than a collapse, and expect the euro to rise in an orderly manner to the $1.22 region. The euro is currently down 0.2% to $1.1895.