美元跌破97关口

Group 1 - The US dollar index fell below the 97 mark, reaching a two-month low, indicating a weakening dollar trend [2][4] - Market expectations are leaning towards the Federal Reserve initiating a monetary easing cycle, with a nearly complete pricing of a 25 basis point rate cut on September 17 and a 70% probability of two additional cuts by the end of the year [4] - Analysts suggest that the dollar index remains weak, having declined nearly 11% year-to-date, reflecting expectations of accelerated policy easing and improved risk appetite [4] Group 2 - According to research from CICC, the Federal Reserve's rate cuts may alleviate external constraints on China's monetary policy [5] - A weaker dollar resulting from US rate cuts could lead to a depreciation of the dollar against the yuan, impacting export-oriented and overseas enterprises, while reducing repayment pressure for companies with dollar-denominated debt [5] - The resumption of rate cuts by the Federal Reserve is expected to promote global liquidity release, potentially benefiting Chinese assets amid a backdrop of global monetary system restructuring [5]