The recent decline of the US dollar may be limited, with potential for a rebound in the coming months

ChainCatcher news, according to Jinshi reports, Dutch cooperative bank forex strategist Jane Foley stated that the room for further decline of the US dollar in the short term may be limited. The market has fully priced in the expectations of US interest rate cuts, and current market bets are on a weaker dollar. If the risk-hedging operations of non-US asset management institutions have basically been completed, the main downward pressure on the dollar will weaken, and the pace of subsequent declines should slow down, leaving room for a rebound in the coming months.