Core Viewpoint - The market's expectations regarding the Federal Reserve's interest rate cuts have shifted, benefiting the US dollar, which has fallen nearly 400 basis points from a high of 1.1920 reached a few weeks ago [2] Group 1: Federal Reserve and Interest Rate Expectations - There seems to be no significant change in expectations regarding interest rate cuts compared to a few weeks ago, but Jerome Powell's differing outlook on future prospects has significantly impacted the euro/dollar exchange rate in recent days [2] - Analysts are closely monitoring the trends in US manufacturing, which is a key focus of today's agenda [2] Group 2: European Central Bank and Euro Outlook - The European Central Bank (ECB) has not released any major news, with President Christine Lagarde reiterating that policy decisions are based on each meeting's circumstances and are entirely dependent on macroeconomic data [2] - There are concerns that a strong euro could jeopardize the already weak European economy, putting the ECB in a difficult position [2] - Some large investment institutions that previously had a bullish outlook on the euro, believing the exchange rate should approach 1.25, have now adopted a more conservative stance [2] Group 3: Market Sentiment and Future Strategies - ICMarkets has reiterated skepticism about the euro's ability to continue rising strongly, suggesting that a correction is more likely, which has already begun [2] - The US dollar still has room for appreciation, leading to a cautious stance and consideration of buying euros at lower prices [2]
IC Markets:美元势头再起,欧元兑美元会跌破1.1500关口吗?
Sou Hu Cai Jing·2025-11-03 10:11