Core Viewpoint - The US dollar is expected to remain weak in the medium to long term, despite being overvalued since Trump's presidency began [1] Group 1: Dollar Valuation - Analysts believe the dollar is still overvalued, even after a decline since Trump's inauguration [1] - Concerns regarding the independence of the Federal Reserve have negatively impacted market sentiment [1] Group 2: Economic Indicators - The expanding deficit poses a long-term risk to the stability of the US debt market [1] - Any potential recovery of the dollar is likely to be short-lived, as markets typically do not move in a straight line and will experience periods of consolidation [1]