Dutch International: Even if the US PCE confirms the expectation of the Federal Reserve cutting interest rates by 100 basis points before the end of the year, the US dollar is unlikely to fall significantly

Odaily Planet Daily News: Dutch International stated that even if the US PCE data confirms the expectation that the Federal Reserve will cut interest rates by 100 basis points before the end of the year, the US dollar is unlikely to fall significantly. Dutch international analyst Francesco Pesole stated in a report that "in the short term, it seems that the US dollar will not experience a significant decline." He said that the market's confidence in the Federal Reserve's loose policy has led to the Fed appearing more confident in cutting interest rates soon, and the largest part of the US dollar's decline may have already occurred. He said that the upcoming US Labor Day holiday next Monday may be advantageous for Friday's interval trading. (Golden Ten)