Institution: The US dollar may continue to be under pressure before the end of the equal tariff suspension period
Odaily Planet Daily reported that the US dollar fell to a multi-year low against the euro and Swiss franc, as concerns about the future independence of the Federal Reserve shook confidence in the robustness of US monetary policy. Nick Reese, head of macroeconomic research at Monex Europe, stated that from a market perspective, this not only clearly undermines the credibility and independence of the Federal Reserve, but also poses a risk to the outlook for US interest rates. These concerns have put pressure on the US dollar today. Before the expiration of the "equivalent tariffs" suspension period on July 9th, the pressure on the US dollar from the Trump team's rhetoric may intensify. (Golden Ten Data APP)