Group 1 - The US dollar is hovering at low levels due to market expectations of an upcoming interest rate cut cycle by the Federal Reserve, with the dollar index falling below 97, marking its weakest level since July 7 [1] - The market anticipates at least a 25 basis point rate cut during the Federal Reserve's meeting, driven by recent weak US labor data, leading to increased expectations for consecutive rate cuts in September, October, December, and January [1][2] - Analysts suggest that the Federal Reserve's communication strategy will remain cautious to avoid overly guiding market expectations, allowing for greater flexibility in policy-making amid economic uncertainties [2][3] Group 2 - The dollar index has declined nearly 11% year-to-date, with dovish Federal Reserve expectations supporting risk appetite and keeping the dollar under pressure [3] - Major currency pairs have shown significant movements, with the euro rising above 1.18 and the pound above 1.36, both reaching their highest points since early July, while the euro has appreciated nearly 14% year-to-date [4] - The latest data from the Commodity Futures Trading Commission (CFTC) indicates that net long positions in euros have reached their highest level since early July, reflecting bullish sentiment [4]
【环球财经】美元跌至数月低点 市场等待美联储降息信号
Xin Hua Cai Jing·2025-09-16 13:53