Strategist: The dollar hits a two-month high, but weak factors remain
ChainCatcher news, the dollar remains stable against a basket of currencies, rising to a two-month high overnight. Roberto Mialich, a forex strategist at UniCredit Bank, stated in a report that the reasons for the dollar's weakness for most of this year still exist and will continue to pose risks. The factors behind the dollar's weakness so far, including U.S. policy, Federal Reserve rate cuts, and concerns over rising U.S. budget deficits and debt, remain in place. (Jin Ten)
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