Strategist: Still optimistic about the dollar, "American exceptionalism" remains strong
ChainCatcher news, Pepperstone senior research strategist Michael Brown said in a report that the dollar weakened during the European trading session, but its good days are not over yet. He stated, "I still firmly believe in a bullish outlook for the dollar." The notion of "American exceptionalism" remains strong. Compared to other major central banks, the likelihood of the Federal Reserve cutting interest rates is lower, which should continue to support the dollar. The weak phase provides investors with an opportunity to buy the dollar. (Jin Ten)
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