The expectation of a 25 basis point rate cut by the Federal Reserve may help the dollar rebound

ChainCatcher news, according to Jinshi reports, the US dollar index is currently hovering near a 41-month low, while the S&P 500 index and the Nasdaq index have both reached record highs, and US Treasury yields are close to April's lows. The market fully reflects expectations for a 25 basis point rate cut by the Federal Reserve; if only this rate cut is realized, the dollar may rebound, and the US stock market may face profit-taking. Maintaining the dollar's downtrend and the rise of US assets may require a 50 basis point rate cut, although the market believes the probability of a 50 basis point cut is only 3%.