汇丰：美元或即将触底 因美联储2026年降息可能性较低

Core Viewpoint - HSBC's global investment research team suggests that the US dollar may bottom out in the first quarter of 2026 or earlier, followed by a rebound [1] Group 1: Interest Rate Predictions - The Federal Reserve is expected to cut interest rates again in December, but the likelihood of further cuts in 2026 is low [1] - Market expectations show a divergence regarding a rate cut in December, but a cumulative reduction of 85 basis points is anticipated by the end of 2026 [1] Group 2: Currency Forecasts - HSBC predicts that the euro will rise against the dollar to 1.20 in the fourth quarter of this year and the first quarter of next year, before declining to 1.18 for the remainder of 2026 [1]