
AiCoin|Sep 03, 2025 12:28
[Analyst Says Dollar's Upward Momentum May Be Unsustainable]
ING foreign exchange analyst Francesco Pesole stated that the recent strength of the dollar has been primarily driven by the sell-off in global long-term bonds, lacking fundamental support. Ahead of key data releases and expectations of Federal Reserve rate cuts, the dollar index may face downside risks, particularly before the release of Friday's non-farm payroll data, where momentum could reverse.
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